Book-entry and definitive securities.

Subject to subpart C of this part: (a) Farm Credit banks operating under the same title of the Act may issue consolidated securities in book-entry form. (b) Farm Credit banks may issue Systemwide securities in book-entry form. (c) Consolidated and Systemwide securities also may be issued in either registered or bearer definitive form. [61 FR 67192, Dec. 20, 1996, as amended at 62 FR 53229, Oct. 14, 1997]