12 C.F.R. § 615.5100

Current through July 31, 2024

Section 615.5100 - Authority to issue

The Act authorizes each bank of the System, subject to the collateral requirements of section 4.3(c) of the Act, to issue:

(a) Notes, bonds, debentures, or other similar obligations;

(b) Consolidated obligations, together with any or all banks organized and operating under the same title of the Act;

(c) Systemwide obligations, together with other banks of the System; and

(d) Investment bonds to the authorized purchasers subject to the limitations contained in the regulations set forth in subpart D.

12 C.F.R. §615.5100

54 FR 1160, Jan. 12, 1989