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i
EDERAL

REGISTE

VOLUME 8

1934
c O/viTEO

NUMBER 12

Washington, Tuesday/January 19, 1943
Regulations TITLE 6AGRICULTURAL CREDIT
Chapter IFarm Credit Administration P art 10F ederal L and B anks
Sec.
10.188
10.189
10.190
10.191

REVISION OF REGULATIONS

Part 10 of Chapter I, Title 6, Code of Federal Regulations is hereby amended to read as follows:
Sec.
10.3
10.10
10.25
10.28
10.29
10.31
10.33
10.101
10.103

10.104
10.105
10.107

10.108
10.109
10.110
10.112
10.114
10.115
10.116
10.117
10.118
10.148
10.174
10.175

Definitions.
Farm unit; requii d area and yield, of farm.
Normal agricultural value basis.
Special interest rates.
Special payments.
Conditional payments.
Division of loans.
Executors and administrators in cluding temporary administrators.
Heirs including a sole heir taking w ithout administration, devisees, and grantees of a deceased owner of farm land.
Trusteed whether appointed by will or deed, and other fiduciaries.
Guardians.
Persons not legally competent in cluding infants, insane persons, and incompetents when not rep resented by a guardian.
Landlords.
Owners of future interests.
Tenants for years.
Life tenants.
Husband and wife.
Aliens.
Individuals taking title from a corporation bona fide owner ship required.
Corporations.
Livestock corporations.
Computing amount loanable to one borrower.
Applicability of association loan regulations.
Receipt evidencing stock subscrip tions.

INSURANCE REQUIREMENTS FOR BANK LOANS

10.183
10.184
10.185
10.186
10.187

Buildings on which insurance m ust be maintained by mortgagor;
amount and type of insurance.
Additional insurance requirable.
Reduced insurance to be maintained when full amount cannot be pro vided.
Reduction of insurance under cer tain circumstances.
Acceptable insurers.

10.192
10.193
10.194
10.195
10.196
10.197
10.222
10.236
19.237
10.238
10.239
10.240
1Q.241
10.242
10.243
10.244
10.245
10.246
10.275
10.383
10.522

Losses to be made payable to bank;
exception.
Mortgagors option to use loss pro ceeds for reconstruction.
Subsequent owner deemed mort gagor under certain circum stances.
Manner in which mortgagors option to use loss proceeds shall be ex ercised.
Reconstruction of improvements in different form.
Evidence that mortgagor can supply additional funds; meaning of the term reconstruction.
Loss proceeds not to be disbursed in absence of evidence that prior liens will not attach.
. Application of loss proceeds to mort gage debt.
Circumstances under which mort gagors option to use loss proceeds does not obtain.
Conditional release of loss proceeds.
Refinancing mortgages purchased from Joint Stock Land banks.
Conditional payments; joint indebt edness to a bank and the corpora tion.
Reports; conditional payments; joint indebtedness to a bank and the corporation.
Conditional payments; unrelated loans.
Interest allowance.
Interest liability.
Application of conditional payments on indebtedness.
Disposition of unapplied conditional payments after payment of in
debtedness in full.
Evidence of acceptance of condi tional payments.
Indebtedness current before condi tional payments accepted.
Compensation for conditional pay m ents held.
Rate of compensation for condi tional payments held.
Subrogation of insurer following payment of loss.
Conversion of direct loan into asso ciation loan.
Exchange of consolidated bonds.

LOST, STOLEN, DESTROYED, MUTILATED, OR DE
FACED BONDS AND COUPONS

10.523 Bonds issued by individual banks.
10.524 Owner of lost bond to file bond of indemnity.
10.525 Consolidated bonds.

10.3 Definitions. For the purposes of section 12 Fourth of the Federal Continued on p. 811

CONTENTS
REGULATIONS AND NOTICES
A gricultural A djustm ent A gency :

Page
Agricultural conservation pro gram; allotments, yields, grazing capacities, etc____

821

A gricultural M arketing A d m in is
tration :

Fall River, Mass., marketing area; handling of milk___

887

A lien P roperty C ustodian :

Vesting orders:
Bernhard, William________
893
Dickel, Pauline M________
891
Doman, Albert E__________
890
Ephraim, Gustav__ ________ 894
Fraass, Kate______________
891
Frenkel, Josef_____________
894
Hassell, J. F_______________ 891
Integrity Trust Co. 2 docu ments-------------------- 895,896
Klintwort, John____ _______ 892
Mayer, Charles B________
892
McMurtrie, Era E_________
894
Paulsen, Louise_______
895
Petersen, Christina Louise___
393
Riester, Mary____________
393
Weber, Christiana_________
895
B itum in o u s C oal D iv is io n :

Hearings, etc.:
District 1________________
885
District 9__
885
Goodrich, B. F., and Co_____ 886
NichoJ, P. S., Lumber Co___
885
Tecumseh Coal Corp_______ 884
Minimum price s c h e d u l e s amended:
District 4 2 documents__ 839,842
District 7 2 documents__ 840,844
District 8 2 documents__ 840,845

B oard
of
E conomic W arfare:

Export control amendments 2
documents________

846

C ivil A eronautics A dministrator :

Fairbanks, Alaska, Civil Airway;
deletion of boundary_____
Reproduction and dissemination of current examination mar terials; prohibition_______
Sportsman Airport, East Moline, 111.; cancellation of landing area designation________

SCO
30
889

C ivil A eronautics B oard:

Scheduled air carrier rules:
De-icing equipment____________ . 830
Pilots compartment, trainees. 830
Continued on p. 810

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