12 C.F.R. § 615.5359 Issuance of a capital directive.
Title 12 - Banks and Banking
(a) A capital directive will be served by delivery to the institution. It will include or be accompanied by a statement of reasons for its issuance. (b) A capital directive is effective immediately upon its receipt by the institution, or upon such later date as may be specified therein, and shall remain effective and enforceable until it is stayed, modified, or terminated by the Farm Credit Administration.
Title 12: Banks and Banking
PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS
Subpart M—Issuance of a Capital Directive
§ 615.5359 Issuance of a capital directive.
