[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: 12CFR611.1136]



[Page 71]

 

                       TITLE 12--BANKS AND BANKING

 

                 CHAPTER VI--FARM CREDIT ADMINISTRATION

 

PART 611_ORGANIZATION--Table of Contents

 

                     Subpart I_Service Organizations

 

Sec. 611.1136  Regulation and examination of service organizations.



    (a) What regulations apply to a service organization? Because a 

service organization is formed by banks and associations, it is subject 

to applicable Farm Credit Administration (we, our) regulations.

    (b) Who examines a service organization? We examine service 

organizations.

    (c) What types of service organizations are subject to our 

regulations and examination? All incorporated service corporations and 

unincorporated service organizations formed by banks and associations 

are subject to our regulations and examination.