# Borrower Rights; Effective Interest Rates; Effective Date
**AGENCY:**
Farm Credit Administration.
**ACTION:**
Notice of effective date.
**SUMMARY:**
The Farm Credit Administration (FCA or Agency), through the FCA Board (Board), issued a final rule under part 617 on December 22, 2009 (74 FR 67970) amending FCA's regulations to ensure that borrowers with loans directly tied to a widely publicized external index receive appropriate disclosure of interest rate changes in accordance with statutory requirements while allowing Farm Credit System institutions to provide the notices in a more efficient manner. In accordance with 12 U.S.C. 2252, the effective date of the final rule is 30 days from the date of publication in the *Federal Register* during which either or both Houses of Congress are in session. Based on the records of the sessions of Congress, the effective date of the regulations is March 2, 2010.
**DATES:**
*Effective Date:* Under the authority of 12 U.S.C. 2252, the regulation amending 12 CFR part 617 published on December 22, 2009 (74 FR 67970) is effective March 2, 2010.
**FOR FURTHER INFORMATION CONTACT:**
Jacqueline R. Melvin, Policy Analyst, Office of Regulatory Policy, Farm Credit Administration, McLean, Virginia 22102-5090, (703) 883-4498, TTY (703) 883-4434, or Howard Rubin, Senior Counsel, Office of General Counsel, Farm Credit Administration, McLean, Virginia 22102-5090, (703) 883-4020, TTY (703) 883-4020.
(12 U.S.C. 2252(a)(9) and (10))
Dated: March 3, 2010.
Roland E. Smith,