5 CFR 4101.102 – Definitions
For purposes of this part:
Terms Used In 5 CFR 4101.102
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
(a) Covered employee means:
(1) Examiners; and
(2) Any other employee specified by FCA directive whose duties and responsibilities require application of these supplemental regulations to ensure public confidence that the FCA’s programs are conducted impartially and objectively. The FCA Designated Agency Ethics Official (DAEO) or his or her designee, in consultation with the Office Directors, will determine which employees are covered for the purpose of this part.
(b) Related entity means:
(1) Affiliates defined in section 8.5(e) of the Farm Credit Act of 1971, as amended (Act), 12 U.S.C. § 2001 et seq., 12 U.S.C. §§ 2279aa-5;
(2) Affiliates defined in section 8.11(e) of the Act, 12 U.S.C. §§ 2279aa–11;
(3) Service organizations authorized by section 4.25 of the Act, 12 U.S.C. § 2211; and
(4) Any other entity owned or controlled by one or more Farm Credit System (System) institution that is not chartered by the FCA.
(c) System institution refers to:
(1) All institutions chartered and regulated by the FCA as described in section 1.2 of the Act, 12 U.S.C. § 2002;
(2) The Federal Farm Credit Banks Funding Corporation, established pursuant to section 4.9 of the Act, 12 U.S.C. § 2160; and
(3) The Federal Agricultural Mortgage Corporation, established pursuant to section 8.1 of the Act, 12 U.S.C. §§ 2279aa–1.