[Federal Register Volume 63, Number 21 (Monday, February 2, 1998)]
[Rules and Regulations]
[Page 5223]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 98-2484]


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FARM CREDIT ADMINISTRATION

12 CFR Part 615

RIN 3052-AB73


Funding and Fiscal Affairs, Loan Policies and Operations, and 
Funding Operations; Book-Entry Procedures for Farm Credit Securities; 
Effective Date

AGENCY: Farm Credit Administration.

ACTION: Notice of effective date.

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SUMMARY: The Farm Credit Administration (FCA) published a final rule 
under part 615 on October 14, 1997 (62 FR 53227). This final rule was 
adopted with minor technical changes to a previously adopted interim 
rule that revised procedures governing the issuance, maintenance, and 
transfer of Farm Credit securities on the book-entry system of the 
Federal Reserve Banks (Book-entry System). In accordance with 12 U.S.C. 
2252, the effective date of the final rule is 30 days from the date of 
publication in the Federal Register during which either or both Houses 
of Congress are in session. Based on the records of the sessions of 
Congress, the effective date of the regulations is January 27, 1998.

EFFECTIVE DATE: The technical amendments to 12 CFR part 615 published 
on October 14, 1997 (62 FR 53227) are effective January 27, 1998.

FOR FURTHER INFORMATION CONTACT:

Laurie A. Rea, Senior Policy Analyst, Office of Policy and Analysis, 
Farm Credit Administration, McLean, VA 22102-5090, (703) 883-4498;
      or
William L. Larsen, Senior Attorney, Office of General Counsel, Farm 
Credit Administration, McLean, VA 22102-5090, (703) 883-4020, TDD (703) 
883-4444.

(12 U.S.C. 2252(a) (9) and (10))

    Dated: January 27, 1998.
Floyd Fithian,
Secretary, Farm Credit Administration Board.
[FR Doc. 98-2484 Filed 1-30-98; 8:45 am]
BILLING CODE 6705-01-P