12 CFR · Banks and Banking
§ 650.14 — Action for removal of receiver or conservator.
12 CFR § 650.14
TitleTitle 12: Banks and BankingPartPart 650: Federal Agricultural Mortgage Corporation General Provisions
SourceeCFR (current through Apr 10, 2026)
This text of 12 C.F.R. § 650.14 (Action for removal of receiver or conservator.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
12 C.F.R. § 650.14 (2026).
Text
§ 650.14 Action for removal of receiver or conservator.
Upon the appointment of a receiver or conservator for the Corporation by the Farm Credit Administration Board pursuant to § 650.50 of this subpart, the Corporation may, within 30 days of such appointment, bring an action in the United States District Court for the District of Columbia, for an order requiring the Farm Credit Administration Board to remove the receiver or conservator and, if the charter has been canceled, to rescind the cancellation of the charter. Notwithstanding any other provision of this part, the Corporation's board of directors is empowered to meet subsequent to such appointment and authorize the filing of an action for removal. An action for removal may be authorized only by the Corporation's board of directors.
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Related
§ 650.50
12 C.F.R. § 650.50
Nearby Sections
11
§ 650.5
Reports of examination.§ 650.6
Criminal referrals.§ 650.10
Voluntary liquidation.§ 650.15
Appointment of a receiver.§ 650.25
Report to Congress.§ 650.30
Preservation of equity.§ 650.35
Notice to stockholders.Cite This Page — Counsel Stack
Bluebook (online)
12 C.F.R. § 650.14, Counsel Stack Legal Research, https://law.counselstack.com/cfr/12/650/650.14.