Definitions

Book-entry and definitive securities

Law governing rights and obligations of Federal Reserve Banks, Farm Credit banks, and Funding Corporation; rights of any person against Federal Reserve Banks, Farm Credit banks, and Funding Corporation

Law governing other interests

Creation of participant's security entitlement; security interests

Obligations of the Farm Credit banks and the Funding Corporation; no adverse claims

Authority of Federal Reserve Banks

Withdrawal of eligible book-entry securities for conversion to definitive form

Waiver of regulations

Liability of Farm Credit banks, Funding Corporation and Federal Reserve Banks

Additional provisions

Lost, stolen, destroyed, mutilated or defaced Farm Credit securities, including coupons

Restrictive endorsement of bearer securities