Farm Credit Administration.
The Farm Credit Administration (FCA) published a final rule (71 FR 5740, February 2, 2006) that amended the regulations affecting the governance of the Farm Credit System. This document corrects a nonsubstantive error in the final rule.
April 5, 2006.Start Further Info
FOR FURTHER INFORMATION CONTACT:
Cindy R. Nicholson, Technical Editor, Office of General Counsel, Farm Credit Administration, McLean, VA 22102-5090, (703) 883-4020, TTY (703) 883-4020.End Further Info End Preamble Start Supplemental Information
In revising § 620.5(i)(2)(i), we inadvertently omitted the last two paragraphs in the final rule as published at 71 FR 5740, February 2, 2006.Start List of Subjects
List of Subjects in 12 CFR Part 620End List of Subjects Start Amendment Part
Accordingly,End Amendment Part Start Part
PART 620—DISCLOSURE TO SHAREHOLDERSEnd Part Start Amendment Part
1. The authority citation for part 620 continues to read as follows:End Amendment Part
Subpart B—Annual Report to ShareholdersStart Amendment Part
2. Amend § 620.5(i)(2)(i) by adding paragraphs (E) and (F) to read as follows:End Amendment Part
(i)(2)(i) * * *
(E) Compensation amounts reported under the category “Other” (column (f)) shall reflect the dollar value of all other compensation not properly reportable in any other column. Items reported in this column shall be specifically identified and described in a footnote to the table. Such compensation includes, but is not limited to:
(1) The amount paid to the senior officer pursuant to a plan or arrangement in connection with the resignation, retirement, or termination of such officer's employment with the institution; or
(2) The amount of contributions by the institution on behalf of the senior officer to a vested or unvested defined contribution plan unless the plan is made available to all employees on the same basis.
(F) Amounts displayed under “Total” (column (g)) shall reflect the sum total of amounts reported in columns (c), (d), (e), and (f).
Dated: January 25, 2007.
Roland E. Smith,
Secretary, Farm Credit Administration Board.
[FR Doc. E7-1533 Filed 1-30-07; 8:45 am]
BILLING CODE 6705-01-P