[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: 12CFR611.1205] [Page 72] TITLE 12--BANKS AND BANKING CHAPTER VI--FARM CREDIT ADMINISTRATION PART 611_ORGANIZATION--Table of Contents Subpart P_Termination of System Institution Status Sec. 611.1205 Definitions that apply in this subpart. Assets means all assets determined in conformity with GAAP, except as otherwise required in this subpart. GAAP means ``generally accepted accounting principles'' as that term is defined in Sec. 621.2(c) of this chapter. OFI means an ``other financing institution'' that has a funding and discount agreement with a Farm Credit bank under section 1.7(b)(1) of the Act. Successor institution means the bank, savings association, or other financial institution that the terminating bank or association will become when we revoke its Farm Credit charter.