# 12 C.F.R. § 615.5457 (2026): Withdrawal of eligible book-entry securities for conversion to definitive form

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5457

## Section

- **Citation:** 12 C.F.R. § 615.5457 (2026)
- **Heading:** Withdrawal of eligible book-entry securities for conversion to definitive form
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Title 12 CFR: Banks and Banking / Chapter VI: FARM CREDIT ADMINISTRATION / Part 615: FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS / Subpart O: Book-Entry Procedures for Farm Credit Securities / § 615.5457: § 615.5457   Withdrawal of eligible book-entry securities for conversion to definitive form.

## Text

(a) Eligible book-entry securities may be withdrawn from the Book-entry System by requesting delivery of like definitive Farm Credit securities.
(b) A Federal Reserve Bank shall, upon receipt of appropriate instructions to withdraw eligible book-entry securities from book-entry in the Book-entry System, convert such securities into definitive Farm Credit securities and deliver them in accordance with such instructions.
(c) Farm Credit securities which are to be delivered upon withdrawal may be issued in either registered or bearer form, to the extent permitted by the applicable securities documentation.
(d) All requests for withdrawal of eligible book-entry securities must be made prior to the maturity or the applicable date of call of the Farm Credit securities.
[61 FR 67192, Dec. 20, 1996, as amended at 62 FR 53230, Oct. 14, 1997]

## Nearby sections

- [12 C.F.R. § 615.5450 (2026) § 615.5450   Definitions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5450.md)
- [12 C.F.R. § 615.5451 (2026) § 615.5451   Book-entry and definitive securities.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5451.md)
- [12 C.F.R. § 615.5452 (2026) § 615.5452   Law governing rights and obligations of Federal Reserve Banks, Farm Credit banks, and Funding Corporation; rights of any person against Federal Reserve Banks, Farm Credit banks, and Funding Corporation.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5452.md)
- [12 C.F.R. § 615.5453 (2026) § 615.5453   Law governing other interests.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5453.md)
- [12 C.F.R. § 615.5454 (2026) § 615.5454   Creation of participant's security entitlement; security interests.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5454.md)
- [12 C.F.R. § 615.5455 (2026) § 615.5455   Obligations of the Farm Credit banks and the Funding Corporation; no adverse claims.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5455.md)
- [12 C.F.R. § 615.5456 (2026) § 615.5456   Authority of Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5456.md)
- [12 C.F.R. § 615.5457 (2026) § 615.5457   Withdrawal of eligible book-entry securities for conversion to definitive form.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5457.md)
- [12 C.F.R. § 615.5458 (2026) § 615.5458   Waiver of regulations.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5458.md)
- [12 C.F.R. § 615.5459 (2026) § 615.5459   Liability of Farm Credit banks, Funding Corporation and Federal Reserve Banks.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5459.md)
- [12 C.F.R. § 615.5460 (2026) § 615.5460   Additional provisions.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5460.md)
- [12 C.F.R. § 615.5461 (2026) § 615.5461   Lost, stolen, destroyed, mutilated or defaced Farm Credit securities, including coupons.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5461.md)
- [12 C.F.R. § 615.5462 (2026) § 615.5462   Restrictive endorsement of bearer securities.](https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5462.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T12_P615_S615_5457. Check the current official text before relying on it. Not legal advice.