12 CFR · Banks and Banking
§ 650.30 — Preservation of equity.
12 CFR § 650.30
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. § 650.30 (Preservation of equity.) 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. § 650.30 (2026).
Text
§ 650.30 Preservation of equity.
(a)Except as provided for upon final distribution of the assets of the Corporation pursuant to § 650.62 of this subpart, no capital stock, equity reserves, or other allocated equities of the Corporation in receivership shall be issued, allocated, retired, sold, distributed, transferred, or assigned.
(b)Immediately upon the adoption of a resolution by its board of directors to voluntarily liquidate the Corporation, the capital stock, equity reserves, and allocated equities of the Corporation shall not be issued, allocated, retired, sold, distributed, transferred, or assigned. Such activities could resume if the stockholders of the Corporation or the Farm Credit Administration Board disapprove the resolution. In the event the resolution is approved by the
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Related
Nearby Sections
11
§ 650.15
Appointment of a receiver.§ 650.25
Report to Congress.§ 650.30
Preservation of equity.§ 650.35
Notice to stockholders.§ 650.40
Creditor claims.§ 650.45
Priority of claims.§ 650.50
Payment of claims.§ 650.55
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Bluebook (online)
12 C.F.R. § 650.30, Counsel Stack Legal Research, https://law.counselstack.com/cfr/12/650/650.30.