12 C.F.R. PART 611--ORGANIZATION
TITLE 12--Banks and Banking
CHAPTER VI--FARM CREDIT ADMINISTRATION
SUBCHAPTER B--FARM CREDIT SYSTEM
PART 611--ORGANIZATION
Subpart A--[RESERVED]
Subpart B--BANK AND ASSOCIATION BOARD OF DIRECTORS
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Director qualifications and training.
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Subpart C--ELECTION OF DIRECTORS AND OTHER VOTING PROCEDURES
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Eligibility for membership on bank and association boards and subsequent employment.
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Impartiality in the election of directors.
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Bank and association nominating committees.
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Confidentiality in voting.
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Application of cooperative principles to the election of directors.
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Subpart D--RULES FOR COMPENSATION OF BOARD MEMBERS
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Compensation of bank board members.
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Subpart E--TRANSFER OF AUTHORITIES
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Farm Credit Administration review.
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Stockholder reconsideration.
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Subpart F--BANK MERGERS, CONSOLIDATIONS AND CHARTER AMENDMENTS
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Bank charter amendment procedures.
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Requirements for mergers or consolidations of banks.
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Creation of new associations.
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Subpart G--MERGERS, CONSOLIDATIONS, AND CHARTER AMENDMENTS OF ASSOCIATIONS
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Charter amendment procedures.
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Requirements for mergers or consolidations.
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Merger or consolidation agreements.
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Treatment of associations not approving districtwide mergers.
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Subpart H--RULES FOR INTER-SYSTEM FUND TRANSFERS
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Inter-System transfer of funds and equities.
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Subpart I--SERVICE ORGANIZATIONS
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Incorporation of service corporations.
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Regulation and examination of service organizations.
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Title VIII service corporations.
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Subparts J-O--[RESERVED]
Subpart P--TERMINATION OF SYSTEM INSTITUTION STATUS
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Applicability of this subpart.
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Definitions that apply in this subpart.
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Commencement resolution and advance notice.
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Filing of termination application.
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Filing of termination application--timing.
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Plan of termination--contents.
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Information statement--contents.
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Voting record date and stockholder approval.
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Stockholder reconsideration.
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Preliminary exit fee estimate.
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Payment of debts and assessments--terminating association.
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Retirement of a terminating association's investment in its affiliated bank.
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Repayment of obligations--terminating bank.
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Retirement of equities held by other System institutions.
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Dissenting stockholders' rights.
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Loan refinancing by borrowers.
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Continuation of borrower rights.
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