[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: 12CFR611.1040]



[Page 60]

 

                       TITLE 12--BANKS AND BANKING

 

                 CHAPTER VI--FARM CREDIT ADMINISTRATION

 

PART 611_ORGANIZATION--Table of Contents

 

      Subpart F_Bank Mergers, Consolidations and Charter Amendments

 

Sec. 611.1040  Creation of new associations.



    Any application for the issuance of a charter to a new production 

credit association or Federal land bank association shall meet the 

requirements of sections 2.0 or 2.10, respectively, of the Act. Any 

application for the issuance of a charter for an agricultural credit 

association shall meet the requirements of section 2.0 of the Act.



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