Code of Federal Regulations · Section
§ 1291.65 — Transfer Of Program Administration
12 C.F.R. § 1291.65
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Without limitation on other remedies, FHFA, upon determining that a Bank has engaged in mismanagement of its Program, may designate another Bank to administer all or a portion of the first Bank's annual AHP contribution, for the benefit of the first Bank's members, under such terms and conditions as FHFA may prescribe.
Authorizing Statute
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Advances to members12 U.S.C. § 1430