§1271.33. Book-entry procedure for Financing Corporation obligations.
12 C.F.R. § 1271.33
Authority. Any Federal Reserve Bank shall have authority to apply book-entry procedure to Financing Corporation obligations.
Procedure. The book-entry procedure for Financing Corporation obligations shall be governed by the book-entry procedure established for Bank consolidated obligations, codified at part 1270 of this chapter. Wherever the terms “Bank(s),” “consolidated obligation(s)” or “Book-entry consolidated obligation(s)” appear in part 1270, the terms shall be construed also to mean “Financing Corporation,” “Financing Corporation obligation(s),” or “Book-entry Financing Corporation obligation(s),” respectively, if appropriate to accomplish the purposes of this section.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1430, 1431, 1432, 1441(b)(8), (c), (j), 1442, 4511(b), 4513(a), 4526.
Source
Source: 78 FR 2324, Jan. 11, 2013, unless otherwise noted.