[Code of Federal Regulations]

[Title 12, Volume 6]

[Revised as of January 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 12CFR652.30]



[Page 315]

 

                       TITLE 12--BANKS AND BANKING

 

                 CHAPTER VI--FARM CREDIT ADMINISTRATION

 

PART 652_FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL 

AFFAIRS--Table of Contents

 

                     Subpart A_Investment Management

 

Sec. 652.30  Temporary regulatory waivers or modifications for 

extraordinary situations.



    Whenever the FCA determines that an extraordinary situation exists 

that necessitates a temporary regulatory waiver or modification, the FCA 

may, in its sole discretion:

    (a) Modify or waive the minimum liquidity reserve requirement in 

Sec. 652.20 of this subpart; and/or

    (b) Modify the amount, qualities, and types of eligible investments 

that you are authorized to hold pursuant to Sec. 652.25 of this 

subpart.