12 CFR 1273.3 - Functions of the OF.

§ 1273.3 Functions of the OF.

(a)Joint debt issuance. Subject to part 1270, subparts B and C, of this chapter, and this part, the OF, as agent for the Banks, shall offer, issue, and service (including making timely payments on principal and interest due) consolidated obligations.

(b)Preparation of combined financial reports. The OF shall prepare and issue the combined annual and quarterly financial reports for the Bank System in accordance with the requirements of § 1273.6(b) and appendix A of this part, using consistent accounting policies and procedures as provided in § 1273.9(b) of this part.

(c)Fiscal agent. The OF shall function as the fiscal agent of the Banks.

(d)Financing Corporation and Resolution Funding Corporation. The OF shall perform such duties and responsibilities for FICO as may be required under part 1271, subpart D, of this chapter, or for REFCORP as may be required under part 1271, subpart E, of this chapter or authorized by FHFA pursuant to section 21B(c)(6)(B) of the Bank Act ( 12 U.S.C. 1441b(c)(6)(B)).

[ 75 FR 23161, May 3, 2010, as amended at 81 FR 76298, Nov. 2, 2016]

This is a list of United States Code sections, Statutes at Large, Public Laws, and Presidential Documents, which provide rulemaking authority for this CFR Part.

This list is taken from the Parallel Table of Authorities and Rules provided by GPO [Government Printing Office].

It is not guaranteed to be accurate or up-to-date, though we do refresh the database weekly. More limitations on accuracy are described at the GPO site.


United States Code

Title 12 published on 09-Jun-2018 03:57

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 1273 after this date.

  • 2018-04-06; vol. 83 # 67 - Friday, April 6, 2018
    1. 83 FR 14781 - Responsibilities of Boards of Directors, Corporate Practices, and Corporate Governance
      GPO FDSys XML | Text
      FEDERAL HOUSING FINANCE AGENCY
      Proposed rule.
      Written comments on the proposed rule must be received on or before June 5, 2018.
      12 CFR Parts 1239 and 1273