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FCA

RIN: 3052-AD09

Publication ID: Fall 2020

Title: Criteria to Reinstate Non-Accrual Loans
Abstract: This rulemaking would provide more objective criteria related to the reasonable doubt of the borrower's willingness and ability to pay in 12 CFR 621.9(c). Additionally, this rulemaking would align related rules in 12 CFR 621.6 for consistent treatment of a loan in non accrual status.
Agency: Farm Credit Administration(FCA)	Priority: Other Significant
RIN Status: Previously published in the Unified Agenda	Agenda Stage of Rulemaking: Final Rule Stage
Major: No	Unfunded Mandates: No
EO 13771 Designation: Independent agency
CFR Citation: 12 CFR 621
Legal Authority: 12 U.S.C. 2183 12 U.S.C. 2252 12 U.S.C. 2279aa-11

Legal Deadline: None

Timetable:

Action	Date	FR Cite
Begin Review	10/15/2015
End Review	07/31/2016
NPRM	04/03/2019	84 FR 12959
NPRM Comment Period End	06/03/2019
Final Rule	08/25/2020	85 FR 52248
Final Rule Effective	11/18/2020	85 FR 73401

Regulatory Flexibility Analysis Required: No	Government Levels Affected: None
Small Entities Affected: No	Federalism: No
Included in the Regulatory Plan: No
RIN Information URL: www.fca.gov	Public Comment URL: www.fca.gov
RIN Data Printed in the FR: No
Agency Contact: Ryan Leist Associate Director, Office of Regulatory Policy Farm Credit Administration 1501 Farm Credit Drive, McLean, VA 22102-5090 Phone:703 883-4223 TDD Phone:703 883-4056 Fax:703 883-4477 Email: leistr@fca.gov