Title IV Conservators, Receivers, and Voluntary Liquidations; Priority of Claims-Subordinated Debt; Effective Date, 65655 [E7-22805]

Download as PDF 65655 Rules and Regulations Federal Register Vol. 72, No. 225 Friday, November 23, 2007 This section of the FEDERAL REGISTER contains regulatory documents having general applicability and legal effect, most of which are keyed to and codified in the Code of Federal Regulations, which is published under 50 titles pursuant to 44 U.S.C. 1510. The Code of Federal Regulations is sold by the Superintendent of Documents. Prices of new books are listed in the first FEDERAL REGISTER issue of each week. Virginia 22102–5090, (703) 883–4020, TTY (703) 883–4020. (12 U.S.C. 2252(a)(9) and (10)) Dated: November 16, 2007. James M. Morris, Acting Secretary, Farm Credit Administration Board. [FR Doc. E7–22805 Filed 11–21–07; 8:45 am] BILLING CODE 6705–01–P Dated: November 16, 2007. James M. Morris, Acting Secretary, Farm Credit Administration Board. [FR Doc. E7–22806 Filed 11–21–07; 8:45 am] BILLING CODE 6705–01–P DEPARTMENT OF TRANSPORTATION Federal Aviation Administration FARM CREDIT ADMINISTRATION FARM CREDIT ADMINISTRATION 14 CFR Part 39 12 CFR Part 627 12 CFR Part 627 [Docket No. FAA–2007–0194; Directorate Identifier 2007–NM–306–AD; Amendment 39–15266; AD 2007–23–18] RIN 3052–AC38 RIN 3052–AC16 Title IV Conservators, Receivers, and Voluntary Liquidations; Priority of Claims—Subordinated Debt; Effective Date Farm Credit Administration. Notice of effective date. AGENCY: ACTION: ebenthall on PROD1PC69 with RULES VerDate Aug<31>2005 14:51 Nov 21, 2007 Jkt 214001 Farm Credit Administration. Notice of effective date. AGENCY: ACTION: The Farm Credit Administration (FCA or Agency), through the FCA Board (Board), issued a direct final rule with opportunity for comment under part 627 on September 26, 2007 (72 FR 54525) amending the priority of claims regulations to provide that, when assets of a Farm Credit System institution in liquidation are distributed, the claims of holders of subordinated debt will be paid after all general creditor claims. The opportunity for comment expired on October 26, 2007. The FCA received no comments and therefore, the direct final rule becomes effective without change. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is November 16, 2007. DATES: Effective Date: The regulation amending 12 CFR part 627 published on September 26, 2007 (72 FR 54525) is effective November 16, 2007. FOR FURTHER INFORMATION CONTACT: Christopher D. Wilson, Policy Analyst, Office of Regulatory Policy, Farm Credit Administration, McLean, Virginia 22102–5090, (703) 883–4498, TTY (703) 883–4434, or Rebecca S. Orlich, Senior Counsel, Office of General Counsel, Farm Credit Administration, McLean, SUMMARY: Title IV Conservators, Receivers, and Voluntary Liquidations; Priority of Claims—Joint and Several Liability; Effective Date SUMMARY: The Farm Credit Administration (FCA) published a final rule under part 627 on September 26, 2007 (72 FR 54527). This final rule amends our priority of claims regulations to provide priority of claims rights to Farm Credit System (System) banks if they make payments under a reallocation agreement to holders of consolidated and System-wide obligations on behalf of a defaulting System bank. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the Federal Register during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is November 16, 2007. DATES: Effective Date: The regulation amending 12 CFR part 627 published on September 26, 2007 (72 FR 54527) is effective November 16, 2007. FOR FURTHER INFORMATION CONTACT: Christopher D. Wilson, Policy Analyst, Office of Regulatory Policy, Farm Credit Administration, McLean, VA 22102–5090, (703) 883–4414, TTY (703) 883–4434; or Rebecca S. Orlich, Senior Counsel, Office of General Counsel, Farm Credit Administration, McLean, VA 22102–5090, (703) 883–4020, TTY (703) 883–4020. (12 U.S.C. 2252(a)(9) and (10)) PO 00000 Frm 00001 Fmt 4700 Sfmt 4700 RIN 2120–AA64 Airworthiness Directives; Boeing Model 747–100B SUD, 747–200B, 747– 300, 747–400, and 747–400D Series Airplanes Federal Aviation Administration (FAA), Department of Transportation (DOT). ACTION: Final rule; request for comments. AGENCY: SUMMARY: The FAA is superseding an existing airworthiness directive (AD) that applies to all Boeing Model 747– 100B SUD, 747–300, 747–400, and 747– 400D series airplanes; and Model 747– 200B series airplanes having a stretched upper deck. The existing AD currently requires repetitively inspecting for cracking or discrepancies of the fasteners in the tension ties, shear webs, and frames at body stations 1120 through 1220, and performing related investigative and corrective actions if necessary. This new AD reduces the repetitive interval for certain inspections. This AD results from new reports of multiple severed adjacent tension ties, in addition to the previous reports of cracked and severed tension ties, broken fasteners, and cracks in the frame, shear web, and shear ties adjacent to tension ties for the upper deck. We are issuing this AD to detect and correct cracking of the tension ties, shear webs, and frames of the upper deck, which could result in rapid decompression and reduced structural integrity of the airplane. DATES: This AD becomes effective November 28, 2007. On April 26, 2006 (71 FR 14367, March 22, 2006), the Director of the Federal Register approved the E:\FR\FM\23NOR1.SGM 23NOR1

Agencies

[Federal Register Volume 72, Number 225 (Friday, November 23, 2007)]
[Rules and Regulations]
[Page 65655]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: E7-22805]



========================================================================
Rules and Regulations
                                                Federal Register
________________________________________________________________________

This section of the FEDERAL REGISTER contains regulatory documents 
having general applicability and legal effect, most of which are keyed 
to and codified in the Code of Federal Regulations, which is published 
under 50 titles pursuant to 44 U.S.C. 1510.

The Code of Federal Regulations is sold by the Superintendent of Documents. 
Prices of new books are listed in the first FEDERAL REGISTER issue of each 
week.

========================================================================


Federal Register / Vol. 72, No. 225 / Friday, November 23, 2007 / 
Rules and Regulations

[[Page 65655]]



FARM CREDIT ADMINISTRATION

12 CFR Part 627

RIN 3052-AC38


Title IV Conservators, Receivers, and Voluntary Liquidations; 
Priority of Claims--Subordinated Debt; Effective Date

AGENCY: Farm Credit Administration.

ACTION: Notice of effective date.

-----------------------------------------------------------------------

SUMMARY: The Farm Credit Administration (FCA or Agency), through the 
FCA Board (Board), issued a direct final rule with opportunity for 
comment under part 627 on September 26, 2007 (72 FR 54525) amending the 
priority of claims regulations to provide that, when assets of a Farm 
Credit System institution in liquidation are distributed, the claims of 
holders of subordinated debt will be paid after all general creditor 
claims. The opportunity for comment expired on October 26, 2007. The 
FCA received no comments and therefore, the direct final rule becomes 
effective without change. In accordance with 12 U.S.C. 2252, the 
effective date of the final rule is 30 days from the date of 
publication in the Federal Register during which either or both Houses 
of Congress are in session. Based on the records of the sessions of 
Congress, the effective date of the regulations is November 16, 2007.

DATES: Effective Date: The regulation amending 12 CFR part 627 
published on September 26, 2007 (72 FR 54525) is effective November 16, 
2007.

FOR FURTHER INFORMATION CONTACT: 

Christopher D. Wilson, Policy Analyst, Office of Regulatory Policy, 
Farm Credit Administration, McLean, Virginia 22102-5090, (703) 883-
4498, TTY (703) 883-4434, or
Rebecca S. Orlich, Senior Counsel, Office of General Counsel, Farm 
Credit Administration, McLean, Virginia 22102-5090, (703) 883-4020, TTY 
(703) 883-4020.

(12 U.S.C. 2252(a)(9) and (10))

    Dated: November 16, 2007.
James M. Morris,
Acting Secretary, Farm Credit Administration Board.
[FR Doc. E7-22805 Filed 11-21-07; 8:45 am]
BILLING CODE 6705-01-P
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