12 C.F.R. § 620.3   Prohibition against incomplete, inaccurate, or misleading disclosure.


Title 12 - Banks and Banking


Title 12: Banks and Banking
PART 620—DISCLOSURE TO SHAREHOLDERS
Subpart A—General

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§ 620.3   Prohibition against incomplete, inaccurate, or misleading disclosure.

No institution and no employee, officer, director, or nominee for director of the institution shall make any disclosure to shareholders or the general public concerning any matter required to be disclosed by this part that is incomplete, inaccurate, or misleading. When any such person makes disclosure that, in the judgment of the Farm Credit Administration, is incomplete, inaccurate, or misleading, whether or not such disclosure is made in disclosure statements required by this part, such institution or person shall make such additional or corrective disclosure as is necessary to provide shareholders and the general public with a full and fair disclosure.

[56 FR 29422, June 27, 1991]

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