12 C.F.R. § 615.5550   Bankers acceptances.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS
Subpart Q—Bankers Acceptances


§ 615.5550   Bankers acceptances.

Subject to the provisions of §614.4710, banks for cooperatives may rediscount with other purchasers the acceptances they have created. The bank for cooperatives' board of directors, under established policies, may delegate this authority to management.

[55 FR 24888, June 19, 1990]
























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