The national chartering train is rolling, rolling

American Bankers Association

American Bankers Association, 2000, vol. 13, issue 4

Abstract: Even with a cursory reading, National Chartering is the successor to the Lenders Choice proposal the FCA announced on November 10, 1998. Issued as a proposed regulation, Lender's Choice would have allowed FCS associations to lend anywhere within the US. Rather than proceeding under well-established administrative law, which prescribes the process by which federal agencies establish regulations, the FCA is side-stepping the law by issuing a booklet that is tantamount to a regulation. By not issuing a new proposed regulation, the FCA avoids giving the public, specifically bankers and FCS associations, an opportunity to comment on its National Charter initiative.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 2000
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