[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: 12CFR652.85]



[Page 322]

 

                       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. 652.85  When to report the risk-based capital level.



    (a) You must file a risk-based capital report with us each time you 

determine your risk-based capital level as required by Sec. 650.26.

    (b) You must also report to us at once if you identify in the 

interim between quarterly or more frequent reports to us that you are 

not in compliance with the risk-based capital level required by Sec. 

650.24.

    (c) If you make any changes to the data used to calculate your risk-

based capital requirement that cause a material adjustment to the risk-

based capital level you reported to us, you must file an amended risk-

based capital report with us within 5-business days after the date of 

such changes;

    (d) You must submit your quarterly risk-based capital report for the 

last day of the preceding quarter not later than the last business day 

of April, July, October, and January of each year.