# 12 CFR § 615.5100: Authority to issue

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-615.5100

## Section

- **Citation:** 12 CFR § 615.5100
- **Heading:** Authority to issue
- **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 C—Issuance of Bonds, Notes, Debentures and Similar Obligations

## Text

The Act authorizes each bank of the System, subject to the collateral requirements of section 4.3(c) of the Act, to issue:
(a) Notes, bonds, debentures, or other similar obligations;
(b) Consolidated obligations, together with any or all banks organized and operating under the same title of the Act;
(c) Systemwide obligations, together with other banks of the System; and
(d) Investment bonds to the authorized purchasers subject to the limitations contained in the regulations set forth in subpart D.
[54 FR 1160, 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-12-615.5100. Check the current official text before relying on it. Not legal advice.