12 C.F.R. § 615.5550

Bankers' acceptances.

Last amended: 2017Year: 2026Length: 35 wordsOfficial source

Cite as 12 C.F.R. § 615.5550 (2026)

Banks for cooperatives may rediscount with other purchasers the acceptances they have created. The bank for cooperatives' board of directors, under established policies, may delegate this authority to management. [71 FR 65387, Nov. 8, 2006]
12 C.F.R. § 615.5550: Bankers' acceptances. | Justis AI