12 C.F.R. § 611.1205 Definitions that apply in this subpart.
Title 12 - Banks and Banking
Assets means all assets determined in conformity with GAAP, except as otherwise required in this subpart. GAAP means “generally accepted accounting principles” as that term is defined in §621.2(c) of this chapter. OFI means an “other financing institution” that has a funding and discount agreement with a Farm Credit bank under section 1.7(b)(1) of the Act. Successor institution means the bank, savings association, or other financial institution that the terminating bank or association will become when we revoke its Farm Credit charter.
Title 12: Banks and Banking
PART 611—ORGANIZATION
Subpart P—Termination of System Institution Status
§ 611.1205 Definitions that apply in this subpart.
