[Federal Register Volume 70, Number 223 (Monday, November 21, 2005)]
[Rules and Regulations]
[Page 70035]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 05-23001]


=======================================================================
-----------------------------------------------------------------------

FARM CREDIT ADMINISTRATION

12 CFR Part 627

RIN 3052-AC26


Title IV Conservators, Receivers, and Voluntary Liquidations; 
Receivership Repudiation Authorities; Effective Date

AGENCY: Farm Credit Administration.

ACTION: Notice of effective date.

-----------------------------------------------------------------------

SUMMARY: The Farm Credit Administration (FCA) published a final rule 
under part 627 on September 22, 2005 (70 FR 55513). This final rule 
gives certainty to Farm Credit System institutions regarding how the 
Farm Credit System Insurance Corporation will treat qualifying 
participations and securitizations if the institution is subsequently 
placed in conservatorship or receivership. 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 November 14, 2005.

DATES: The regulation amending 12 CFR part 627, published on September 
22, 2005 (70 FR 55513) is effective November 14, 2005.

FOR FURTHER INFORMATION CONTACT: Robert E. Donnelly, Senior Accountant, 
Office of Policy and Analysis, Farm Credit Administration, McLean, VA 
22102-5090, (703) 883-4498, TTY (703) 883-4434; or Rebecca S. Orlich, 
Senior Attorney, Office of General Counsel, Farm Credit Administration, 
McLean, VA 22102-5090, (703) 883-4020, TTY (703) 883-4020.

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

    Dated: November 15, 2005.
Jeanette C. Brinkley,
Secretary, Farm Credit Administration Board.
[FR Doc. 05-23001 Filed 11-18-05; 8:45 am]
BILLING CODE 6705-01-P