12 CFR 955.5 - Administrative and investment transactions between Banks.

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There is 1 Update appearing in the Federal Register for 12 CFR Part 955. View below or at eCFR (GPOAccess)
§ 955.5 Administrative and investment transactions between Banks.

(a)Delegation of administrative duties. A Bank may delegate the administration of an AMA program to another Bank whose administrative office has been examined and approved by the Finance Board to process AMA transactions. The existence of such a delegation, or the possibility that such a delegation may be made, must be disclosed to any potential participating member or housing associate as part of any AMA-related agreements are signed with that member or housing associate.

(b)Terminability of Agreements. Any agreement made between two or more Banks in connection with any AMA program shall be made terminable by either party after a reasonable notice period.

(c)Delegation of Pricing Authority. A Bank that has delegated its AMA pricing function to another Bank shall retain a right to refuse to acquire AMA at prices it does not consider appropriate.

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.

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United States Code

Title 12 published on 2015-12-05

The following are ALL rules, proposed rules, and notices (chronologically) published in the Federal Register relating to 12 CFR Part 955 after this date.

  • 2016-12-19; vol. 81 # 243 - Monday, December 19, 2016
    1. 81 FR 91674 - Acquired Member Assets
      GPO FDSys XML | Text
      FEDERAL HOUSING FINANCE AGENCY, FEDERAL HOUSING FINANCE BOARD
      Final rule.
      The final rule is effective January 18, 2017.
      12 CFR Part 955

Title 12 published on 2015-12-05.

The following are only the Rules published in the Federal Register after the published date of Title 12.

For a complete list of all Rules, Proposed Rules, and Notices view the Rulemaking tab.

  • 2016-12-19; vol. 81 # 243 - Monday, December 19, 2016
    1. 81 FR 91674 - Acquired Member Assets
      GPO FDSys: XML | Text
      FEDERAL HOUSING FINANCE AGENCY, FEDERAL HOUSING FINANCE BOARD
      Final rule.
      The final rule is effective January 18, 2017.
      12 CFR Part 955