Unincorporated Business Entities; Effective Date, 45051 [2013-17996]

Download as PDF 45051 Rules and Regulations Federal Register Vol. 78, No. 144 Friday, July 26, 2013 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. FARM CREDIT ADMINISTRATION 12 CFR Parts 604, 611, 612, 619, 620, 621, 622, 623, and 630 RIN 3052–AC65 Unincorporated Business Entities; Effective Date Farm Credit Administration. Final rule; notice of effective AGENCY: ACTION: date. The Farm Credit Administration adopted a final rule to establish a regulatory framework for Farm Credit System institutions’ use of unincorporated business entities organized under State law for certain business activities. In accordance with the law, 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. DATES: Under the authority of 12 U.S.C. 2252, the regulation amending 12 CFR parts 604, 611, 612, 619, 620, 621, 622, 623, and 630 published on May 28, 2013 (78 FR 31822) is effective July 22, 2013. FOR FURTHER INFORMATION CONTACT: Elna Luopa, Policy Analyst, Office of Regulatory Policy, Farm Credit Administration, McLean, VA 22102– 5090, (703) 883–4414, TTY (703) 883– 4056; or SUMMARY: Wendy Laguarda, Assistant General Counsel, Office of General Counsel, Farm Credit Administration, McLean, Virginia 22102–5090, (703) 883–4020, TTY (703) 883–4056. SUPPLEMENTARY INFORMATION: The Farm Credit Administration adopted a final rule to establish a regulatory framework for Farm Credit System (System) institutions’ use of unincorporated business entities (UBEs) organized under State law for certain business activities. A UBE includes limited partnerships (LPs), limited liability partnerships (LLPs), limited liability limited partnerships (LLLPs), limited liability companies (LLCs), and any other unincorporated business entities, such as unincorporated business trusts, organized under State law. The final rule does not apply to UBEs that one or more System institutions may establish as Rural Business Investment Companies (RBICs) pursuant to the institutions’ authority under the provisions of title VI of the Farm Security and Rural Investment Act of 2002, as amended (FSRIA), and United States Department of Agriculture (USDA) regulations implementing FSRIA. This rule does apply, however, to System institutions that organize UBEs for the express purpose of investing in RBICs. 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 July 22, 2013. (12 U.S.C. 2252(a)(9) and (10)) Dated: July 23, 2013. Dale L. Aultman, Secretary, Farm Credit Administration Board. [FR Doc. 2013–17996 Filed 7–25–13; 8:45 am] BILLING CODE 6705–01–P tkelley on DSK3SPTVN1PROD with RULES NAICS code SMALL BUSINESS ADMINISTRATION 13 CFR Part 121 RIN 3245–AG44 Small Business Size Standards; Support Activities for Mining; Correction U.S. Small Business Administration. AGENCY: ACTION: Final rule; correction. The U.S. Small Business Administration (SBA) is correcting a final rule that appeared in the Federal Register on June 20, 2013 (78 FR 37404). The document amended SBA’s Small Business Size Regulations by increasing small business size standards for three of the four industries in North American Industry Classification System (NAICS) Subsector 213, Support Activities for Mining, that are based on average annual receipts. This correction does not affect the revised size standards themselves or the Code of Federal Regulations. SUMMARY: DATES: Effective July 22, 2013. FOR FURTHER INFORMATION CONTACT: Khem Sharma, Chief, Office of Size Standards, U.S. Small Business Administration, 409 Third Street SW., Washington, DC 20416. In FR Doc. 2013–14712 appearing on page 37404 in the June 20, 2013 Federal Register issue, the following correction is made: 1. On page 37406, in the heading for column 4 of Table 1, Summary of Revised Size Standards in NAICS Subsector 213, the word ‘‘Proposed’’ is corrected to read ‘‘Revised.’’ The corrected heading for Table 1 reads as follows: SUPPLEMENTARY INFORMATION: Current size standard ($ million) NAICS industry title Dated: July 17, 2013. Calvin Jenkins, Deputy Associate Administrator for Government Contracting and Business Development. [FR Doc. 2013–17946 Filed 7–25–13; 8:45 am] BILLING CODE 8025–01–P VerDate Mar<15>2010 16:17 Jul 25, 2013 Jkt 229001 PO 00000 Frm 00001 Fmt 4700 Sfmt 9990 E:\FR\FM\26JYR1.SGM 26JYR1 Revised size standard ($ million)

Agencies

Farm Credit Administration

[Federal Register Volume 78, Number 144 (Friday, July 26, 2013)]
[Rules and Regulations]
[Page 45051]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2013-17996]



========================================================================
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. 78, No. 144 / Friday, July 26, 2013 / Rules 
and Regulations

[[Page 45051]]



FARM CREDIT ADMINISTRATION

12 CFR Parts 604, 611, 612, 619, 620, 621, 622, 623, and 630

RIN 3052-AC65


Unincorporated Business Entities; Effective Date

AGENCY: Farm Credit Administration.

ACTION: Final rule; notice of effective date.

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

SUMMARY: The Farm Credit Administration adopted a final rule to 
establish a regulatory framework for Farm Credit System institutions' 
use of unincorporated business entities organized under State law for 
certain business activities. In accordance with the law, 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.

DATES: Under the authority of 12 U.S.C. 2252, the regulation amending 
12 CFR parts 604, 611, 612, 619, 620, 621, 622, 623, and 630 published 
on May 28, 2013 (78 FR 31822) is effective July 22, 2013.

FOR FURTHER INFORMATION CONTACT: Elna Luopa, Policy Analyst, Office of 
Regulatory Policy, Farm Credit Administration, McLean, VA 22102-5090, 
(703) 883-4414, TTY (703) 883-4056;
    or
    Wendy Laguarda, Assistant General Counsel, Office of General 
Counsel, Farm Credit Administration, McLean, Virginia 22102-5090, (703) 
883-4020, TTY (703) 883-4056.

SUPPLEMENTARY INFORMATION: The Farm Credit Administration adopted a 
final rule to establish a regulatory framework for Farm Credit System 
(System) institutions' use of unincorporated business entities (UBEs) 
organized under State law for certain business activities. A UBE 
includes limited partnerships (LPs), limited liability partnerships 
(LLPs), limited liability limited partnerships (LLLPs), limited 
liability companies (LLCs), and any other unincorporated business 
entities, such as unincorporated business trusts, organized under State 
law. The final rule does not apply to UBEs that one or more System 
institutions may establish as Rural Business Investment Companies 
(RBICs) pursuant to the institutions' authority under the provisions of 
title VI of the Farm Security and Rural Investment Act of 2002, as 
amended (FSRIA), and United States Department of Agriculture (USDA) 
regulations implementing FSRIA. This rule does apply, however, to 
System institutions that organize UBEs for the express purpose of 
investing in RBICs. 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 July 22, 2013.

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

    Dated: July 23, 2013.
Dale L. Aultman,
Secretary, Farm Credit Administration Board.
[FR Doc. 2013-17996 Filed 7-25-13; 8:45 am]
BILLING CODE 6705-01-P

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