§1291.65. Transfer of Program administration.
12 C.F.R. § 1291.65
Without limitation on other remedies, FHFA, upon determining that a Bank has engaged in mismanagement of its Program, may designate another Bank to administer all or a portion of the first Bank's annual AHP contribution, for the benefit of the first Bank's members, under such terms and conditions as FHFA may prescribe.
Notes, amendments, and revision history
Authority
Authority: 12 U.S.C. 1430(j).
Source
Source: 83 FR 61231, Nov. 28, 2018, unless otherwise noted.