[Federal Register Volume 85, Number 216 (Friday, November 6, 2020)]
[Rules and Regulations]
[Page 70955]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2020-23315]



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 Rules and Regulations
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  Federal Register / Vol. 85, No. 216 / Friday, November 6, 2020 / 
Rules and Regulations  

[[Page 70955]]



FARM CREDIT ADMINISTRATION

12 CFR Part 615

RIN 3052-AD35


Organization; Funding and Fiscal Affairs, Loan Policies and 
Operations, and Funding Operations; Investment Eligibility; Correction

AGENCY: Farm Credit Administration.

ACTION: Final rule; correction.

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SUMMARY: The Farm Credit Administration is correcting a final rule 
published in the Federal Register. On October 6, 2020, the Farm Credit 
Administration (FCA, we, or our) adopted a final rule that amended our 
investment regulations to allow Farm Credit System (FCS or System) 
associations to purchase and hold the portion of certain loans that 
non-FCS lenders originate and sell in the secondary market, and that 
the United States Department of Agriculture (USDA) unconditionally 
guarantees or insures as to the timely payment of principal and 
interest. In that publication, the amendatory instruction to revise 
paragraph (b)(3) of 12 CFR 615.5140 is incorrect. This document 
corrects that error.

DATES: November 6, 2020.

FOR FURTHER INFORMATION CONTACT: Richard A. Katz, Senior Counsel, 
Office of General Counsel, (703) 883-4020, TTY (703) 883-4056, Farm 
Credit Administration, 1501 Farm Credit Drive, McLean, VA 22102-5090.

SUPPLEMENTARY INFORMATION: In FR Doc. 2020-19711 ``Organization; 
Funding and Fiscal Affairs, Loan Policies and Operations, and Funding 
Operations; Investment Eligibility'' that was published in the Federal 
Register on Tuesday, October 6, 2020 at 85 FR 62945, in the third 
column on page 62949, correct amendatory instruction 2 to read as 
follows:

0
2. Amend Sec.  615.5140 by revising paragraph (b)(2) and paragraph 
(b)(3) introductory text to read as follows:

    Dated: October 16, 2020.
Dale Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2020-23315 Filed 11-5-20; 8:45 am]
BILLING CODE 6705-01-P