§ 621.13 - Content and standards—general rules.

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Each institution, including the Federal Agricultural Mortgage Corporation, shall prepare reports of condition and performance:

In accordance with all applicable laws, regulations, standards, and such instructions and specifications and on such media as may be prescribed by the Farm Credit Administration;

In accordance with generally accepted accounting principles and such other accounting requirements, standards, and procedures as may be prescribed by the Farm Credit Administration; and

In such manner as to facilitate their reconciliation with the books and records of reporting institutions.