Regulations last checked for updates: May 20, 2024

Title 12 - Banks and Banking last revised: May 16, 2024
§ 650.60 - Final discharge and release of the receiver.

After the receiver has made a final distribution of the assets of the receivership, the receivership shall be terminated, the charter shall be canceled by the Farm Credit Administration Board if such cancellation has not previously occurred, and the receiver shall be finally discharged and released.

authority: Secs. 4.12, 5.9, 5.17, 5.25, 8.11, 8.12, 8.31, 8.32, 8.33, 8.34, 8.35, 8.36, 8.37, 8.41 of Pub. L. 92-181, 85 Stat. 583 (12 U.S.C. 2183,2243,2252,2261,2279aa,2279aa,2279bb,2279bb-1,2279bb-2,2279bb-3,2279bb-4,2279bb-5,2279bb-6,2279cc; sec. 514 of Pub. L. 102-552, 106 Stat. 4102; sec. 118 of Pub. L. 104-105, 110 Stat. 168
source: 62 FR 43636, Aug. 15, 1997. Redesignated at 70 FR 40650, July 14, 2005, unless otherwise noted.
cite as: 12 CFR 650.60