§ 615.5459 Liability of Farm Credit banks, Funding Corporation and Federal Reserve Banks.
FederalRegulations
Ask Donna
How this section applies to your facts.
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 › § 615.5459: § 615.5459 Liability of Farm Credit banks, Funding Corporation and Federal Reserve Banks.
Text
The Farm Credit banks, the Funding Corporation, and the Federal Reserve Banks may rely on the information provided in a transfer message or other transaction documentation, and are not required to verify the information. The Farm Credit banks, the Funding Corporation, and the Federal Reserve Banks shall not be liable for any action taken in accordance with the information set out in the transfer message, other transaction documentation, or evidence submitted in support thereof.
This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.