956.5—Authorization for derivative contracts and other transactions.

A Bank may enter into the following types of transactions:
(a) Derivative contracts;
(b) Standby letters of credit, pursuant to the requirements of part 960 of this chapter ;
(c) Forward asset purchases and sales;
(d) Commitments to make advances; and
(e) Commitments to make or purchase other loans.

Code of Federal Regulations

[66 FR 8320, Jan. 30, 2001, as amended at 67 FR 12853, Mar. 20, 2002]