12 C.F.R. §615.5255 - Disclosure and review requirements for sales of other equities

Cite as12 C.F.R. §615.5255
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2 cases
  • In re Shannon, C-2-87-1295.
    • United States
    • United States District Courts. 6th Circuit. United States District Courts. 6th Circuit. Southern District of Ohio
    • May 18, 1989
    ...adequacy standards issued under section 2154(a) of this title." 12 U.S.C.A. § 2154a(c)(1)(I) (West Supp. 1989) (emphasis added); 12 C.F.R. § 615.5255(a) (1988).11 Under old law, land banks had the same exclusive right.12 Thus, the Land Bank claims that the farm credit statutes do not permit......
  • In re Massengill, 87-821-CIV-5.
    • United States
    • United States District Courts. 4th Circuit. Eastern District of North Carolina
    • May 26, 1988
    ...owned by such borrower on which the association has a lien as collateral for the debt, in total or partial liquidation of the debt." 12 C.F.R. § 615.5255(a) (1987). These provisions regarding ownership, transfer, and retirement of Land Bank and PCA stock were designed to accomplish the stat......

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