[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: 12CFR612.2302] [Page 94-95] TITLE 12--BANKS AND BANKING CHAPTER VI--FARM CREDIT ADMINISTRATION PART 612_STANDARDS OF CONDUCT AND REFERRAL OF KNOWN OR SUSPECTED CRIMINAL VIOLATIONS--Table of Contents Subpart B_Referral of Known or Suspected Criminal Violations Sec. 612.2302 Notification of board of directors and bonding company. (a) The institution's board of directors shall be promptly notified of any [[Page 95]] criminal referral by the institution, except that if the criminal referral involves a member of the board of directors, discretion may be exercised in notifying such member of the referral. (b) The institution involved shall promptly make all required notifications under any applicable surety bond or other contract for protection.