# 12 CFR § 616.6700: Stock purchase requirements

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6700

## Section

- **Citation:** 12 CFR § 616.6700
- **Heading:** Stock purchase requirements
- **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 616—LEASING

## Text

(a) Each System institution, except the Farm Credit Leasing Services Corporation, making an equipment lease under titles II or III of the Act must require the lessee to buy or own at least one share of stock or one participation certificate in the institution making the lease, in accordance with its bylaws.
(b) The disclosure requirements of § 615.5250(a) and (b) of this chapter apply to stock (or participation certificates) bought as a condition for obtaining a lease.

## Nearby sections

- [12 CFR § 616.6100 § 616.6100 Purchase and sale of interests in leases.](https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6100.md)
- [12 CFR § 616.6200 § 616.6200 Out-of-territory leasing.](https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6200.md)
- [12 CFR § 616.6300 § 616.6300 Leasing policies, procedures, and underwriting standards.](https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6300.md)
- [12 CFR § 616.6400 § 616.6400 Documentation.](https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6400.md)
- [12 CFR § 616.6500 § 616.6500 Investment in leased assets.](https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6500.md)
- [12 CFR § 616.6600 § 616.6600 Leasing limit.](https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6600.md)
- [12 CFR § 616.6700 § 616.6700 Stock purchase requirements.](https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6700.md)
- [12 CFR § 619.9000 § 619.9000 The Act.](https://www.frixlaw.com/law-library/statutes/ecfr-12-619.9000.md)
- [12 CFR § 619.9015 § 619.9015 Agricultural credit associations.](https://www.frixlaw.com/law-library/statutes/ecfr-12-619.9015.md)
- [12 CFR § 619.9020 § 619.9020 Agricultural credit banks.](https://www.frixlaw.com/law-library/statutes/ecfr-12-619.9020.md)
- [12 CFR § 619.9050 § 619.9050 Associations.](https://www.frixlaw.com/law-library/statutes/ecfr-12-619.9050.md)
- [12 CFR § 619.9060 § 619.9060 Bank for cooperatives.](https://www.frixlaw.com/law-library/statutes/ecfr-12-619.9060.md)
- [12 CFR § 619.9110 § 619.9110 Consolidation.](https://www.frixlaw.com/law-library/statutes/ecfr-12-619.9110.md)
- [12 CFR § 619.9130 § 619.9130 Differential interest rates.](https://www.frixlaw.com/law-library/statutes/ecfr-12-619.9130.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-12-616.6700. Check the current official text before relying on it. Not legal advice.