# 12 CFR § 615.5000: General responsibilities

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5000

## Section

- **Citation:** 12 CFR § 615.5000
- **Heading:** General responsibilities
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 12—Banks and Banking > CHAPTER VI—FARM CREDIT ADMINISTRATION > SUBCHAPTER B—FARM CREDIT SYSTEM > PART 615—FUNDING AND FISCAL AFFAIRS, LOAN POLICIES AND OPERATIONS, AND FUNDING OPERATIONS > Subpart A—Funding

## Text

(a) The System banks, acting through the Federal Farm Credit Banks Funding Corporation (Funding Corporation), have the primary responsibility for obtaining funds for the lending operations of the System institutions.
(b) The System's funding operations have a significant impact upon the investment community, the general public, and the national economy in both the volume and the manner by which funds are raised. The Farm Credit Administration supervises compliance with the statutory collateral requirements for the debt obligations issued. The Chairman of the Farm Credit Administration, under policies adopted by the Board, consults with the Secretary of the Treasury concerning the System's funding activities, pursuant to section 5.10 of the Act.
[54 FR 1158, Jan. 12, 1989]

## Nearby sections

- [12 CFR § 615.5000 § 615.5000 General responsibilities.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5000.md)
- [12 CFR § 615.5010 § 615.5010 Funding Corporation.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5010.md)
- [12 CFR § 615.5030 § 615.5030 Borrowings from commercial banks.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5030.md)
- [12 CFR § 615.5040 § 615.5040 Borrowings from financial institutions other than commercial banks.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5040.md)
- [12 CFR § 615.5045 § 615.5045 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5045.md)
- [12 CFR § 615.5050 § 615.5050 Collateral requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5050.md)
- [12 CFR § 615.5060 § 615.5060 Special collateral requirement.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5060.md)
- [12 CFR § 615.5090 § 615.5090 Reduction in carrying value of collateral.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5090.md)
- [12 CFR § 615.5100 § 615.5100 Authority to issue.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5100.md)
- [12 CFR § 615.5101 § 615.5101 Requirements for issuance.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5101.md)
- [12 CFR § 615.5102 § 615.5102 Issuance of debt obligations through the Funding Corporation.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5102.md)
- [12 CFR § 615.5105 § 615.5105 Consolidated Systemwide notes.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5105.md)
- [12 CFR § 615.5110 § 615.5110 Authority to issue (other funding).](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5110.md)
- [12 CFR § 615.5120 § 615.5120 Purchase eligibility requirement.](https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5120.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5000. Check the current official text before relying on it. Not legal advice.