[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: 12CFR652.75]



[Page 321]

 

                       TITLE 12--BANKS AND BANKING

 

                 CHAPTER VI--FARM CREDIT ADMINISTRATION

 

PART 652_FEDERAL AGRICULTURAL MORTGAGE CORPORATION FUNDING AND FISCAL 

AFFAIRS--Table of Contents

 

                Subpart B_Risk-Based Capital Requirements

 

Sec. 652.75  Your responsibility for determining the risk-based capital 

level.



    (a) You must determine your risk-based capital level using the 

procedures in this subpart, appendix A to this subpart, and any other 

supplemental instructions provided by us. You will report your 

determination to us as prescribed in Sec. 650.28. At any time, however, 

we may determine your risk-based capital level using the procedures in 

Sec. 650.23 and appendix A to this subpart, and you must hold risk-

based capital in the amount we determine is appropriate.

    (b) You must at all times comply with the risk-based capital levels 

established by the risk-based capital stress test and must be able to 

determine your risk-based capital level at any time.

    (c) If at any time the risk-based capital level you determine is 

less than the minimum capital requirements set forth in section 8.33 of 

the Act, you must maintain the statutory minimum capital level.