Regulations last checked for updates: May 09, 2024

Title 12 - Banks and Banking last revised: May 06, 2024
§ 619.9340 - Variable interest rate.

An interest rate on the outstanding loan balances, which may be changed from time to time during the period of the loan, if provision is made in the note or loan document.

authority: Secs. 1.4, 1.5, 1.7, 2.1, 2.2, 2.4, 2.11, 2.12, 3.1, 3.2, 4.9, 5.9, 5.17, 5.19, 5.61C, 7.0, 7.1, 7.6, 7.8 and 7.12 of the Farm Credit Act (12 U.S.C. 2012,2013,2015,2072,2073,2075,2092,2093,2122,2123,2160,2243,2252,2254,2279a,2279a-1,2279b,2279c,2279f; sec 514 of Pub. L. 102-552. 106 Stat. 4102
source: 37 FR 11446, June 7, 1972, unless otherwise noted.
cite as: 12 CFR 619.9340