[Federal Register Volume 75, Number 186 (Monday, September 27, 2010)]
[Rules and Regulations]
[Page 59060]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2010-23976]


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FARM CREDIT ADMINISTRATION

12 CFR Parts 604, 607, 612, 614, 615, 618, and 627

RIN 3052-AC63


Farm Credit Administration Board Meetings; Assessment and 
Apportionment of Administrative Expenses; Standards of Conduct and 
Referral of Known or Suspected Criminal Violations; Loan Policies and 
Operations; Funding and Fiscal Affairs, Loan Policies and Operations, 
and Funding Operations; General Provisions; and Title IV Conservators, 
Receivers, and Voluntary Liquidations; Technical Changes

AGENCY: Farm Credit Administration.

ACTION: Notice of effective date.

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SUMMARY: The Farm Credit Administration (FCA or Agency), through the 
FCA Board (Board), issued a direct final rule with opportunity for 
comment on June 24, 2010, amending our regulations to eliminate 
unnecessary, redundant or outdated regulations, to correct cross-
reference errors, and to clarify the intent of a regulatory provision. 
The opportunity for comment expired on July 26, 2010. The FCA received 
no comments and therefore, the direct final rule becomes effective 
without change. In accordance with 12 U.S.C. 2252, the effective date 
of the direct 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 September 20, 2010.

DATES: Effective Date: Under the authority of 12 U.S.C. 2252, the 
regulation amending 12 CFR parts 604, 607, 612, 614, 615, 618, and 627 
published on June 24, 2010 (75 FR 35966) is effective September 20, 
2010.

FOR FURTHER INFORMATION CONTACT:
Jacqueline R. Melvin, Policy Analyst, Office of Regulatory Policy, Farm 
Credit Administration, McLean, Virginia 22102-5090, (703) 883-4498, TTY 
(703) 883-4434,
 or
Mary Alice Donner, Senior Attorney, Office of General Counsel, Farm 
Credit Administration, McLean, Virginia 22102-5090, (703) 883-4020, TTY 
(703) 883-4020.

SUPPLEMENTARY INFORMATION: The Farm Credit Administration (FCA or 
Agency), through the FCA Board (Board), issued a direct final rule with 
opportunity for comment under parts 604, 607, 612, 614, 615, 618, and 
627 on June 24, 2010 (75 FR 35966) amending our regulations to 
eliminate unnecessary, redundant or outdated regulations, to correct 
cross-reference errors, and to clarify the intent of a regulatory 
provision. The opportunity for comment expired on July 26, 2010. The 
FCA received no comments and therefore, the direct final rule becomes 
effective without change. In accordance with 12 U.S.C. 2252, the 
effective date of the direct 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.
    The direct final rule carries out the FCA Board's commitment to the 
principles contained in the Board's Policy Statement on Regulatory 
Philosophy, which includes the elimination of outdated regulations and 
technical amendments to ensure that regulations are accurate. In 
furtherance of that objective, the June 24, 2010, rule makes a number 
of technical changes to the agency's regulations.

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

    Dated: September 20, 2010.
Roland E. Smith,
Secretary, Farm Credit Administration Board.
[FR Doc. 2010-23976 Filed 9-24-10; 8:45 am]
BILLING CODE 6705-01-P