US lawFederal (United States)RegulationsTitle 12 CFR — Banks and BankingChapter VI — FARM CREDIT ADMINISTRATIONPart 615 — FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONSSubpart A — Funding615.503012 C.F.R. § 615.5030Borrowings from commercial banks.Last amended: 2017Year: 2026Length: 31 wordsOfficial source Cite as 12 C.F.R. § 615.5030 (2026)Each System bank board, by resolution, shall authorize all commercial bank borrowings by that System bank. [54 FR 1159, Jan. 12, 1989, as amended at 75 FR 35968, June 24, 2010]Previous12 C.F.R. § 615.5010Next12 C.F.R. § 615.5040