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12 CFR § 1410.1 - Purpose and scope.

---
identifier: "/us/cfr/t12/s1410.1"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 1410.1 - Purpose and scope."
title_number: 12
title_name: "Banks and Banking"
section_number: "1410.1"
section_name: "Purpose and scope."
chapter_name: "FARM CREDIT SYSTEM INSURANCE CORPORATION"
part_number: "1410"
part_name: "PREMIUMS"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Secs. 12 U.S.C. 2020, 2277a-4, 2277a-5, 2277a-7."
regulatory_source: "56 FR 3201, Jan. 29, 1991, unless otherwise noted."
cfr_part: "1410"
---

# 1410.1 Purpose and scope.

This part sets forth the rules for:

(a) The calculation of premiums;

(b) The time for payment of the premium required by sections 5.55 and 5.56 of the Farm Credit Act of 1971, as amended;

(c) Interest charges on delinquent payments;

(d) The form and content of certified statements; and,

(e) Documentation supporting certified statements.