[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: 12CFR614.4160]



[Page 112-113]

 

                       TITLE 12--BANKS AND BANKING

 

                 CHAPTER VI--FARM CREDIT ADMINISTRATION

 

PART 614_LOAN POLICIES AND OPERATIONS--Table of Contents

 

       Subpart D_General Loan Policies for Banks and Associations

 

Sec. 614.4160  Differential interest rate programs.



    Pursuant to policies approved by the board of directors, 

differential interest rates may be established for loans based on a 

variety of factors that may include type, purpose, amount, quality, 

funding or operating costs, or similar factors or combinations of 

factors. Differential interest rate programs should



[[Page 113]]



achieve equitable rate treatment within categories of borrowers. In the 

adoption of differential interest rate programs, institutions may 

consider, among other things, the effect that such interest rate 

structures will have on the achievement of objectives relating to the 

special credit needs of young, beginning or small farmers.



[61 FR 67186, Dec. 20, 1996. Redesignated at 62 FR 66818, Dec. 22, 1997]