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Rules and Regulations Federal Register


Vol. 72, No. 225

Friday, November 23, 2007

This section of the FEDERAL REGISTER Virginia 22102–5090, (703) 883–4020, Dated: November 16, 2007.
contains regulatory documents having general TTY (703) 883–4020. James M. Morris,
applicability and legal effect, most of which Acting Secretary, Farm Credit Administration
(12 U.S.C. 2252(a)(9) and (10))
are keyed to and codified in the Code of Board.
Federal Regulations, which is published under Dated: November 16, 2007.
[FR Doc. E7–22806 Filed 11–21–07; 8:45 am]
50 titles pursuant to 44 U.S.C. 1510. James M. Morris,
BILLING CODE 6705–01–P
Acting Secretary, Farm Credit Administration
The Code of Federal Regulations is sold by
Board.
the Superintendent of Documents. Prices of
new books are listed in the first FEDERAL [FR Doc. E7–22805 Filed 11–21–07; 8:45 am]
DEPARTMENT OF TRANSPORTATION
REGISTER issue of each week. BILLING CODE 6705–01–P
Federal Aviation Administration
FARM CREDIT ADMINISTRATION FARM CREDIT ADMINISTRATION 14 CFR Part 39
12 CFR Part 627 12 CFR Part 627 [Docket No. FAA–2007–0194; Directorate
Identifier 2007–NM–306–AD; Amendment
RIN 3052–AC38 39–15266; AD 2007–23–18]
RIN 3052–AC16
Title IV Conservators, Receivers, and RIN 2120–AA64
Voluntary Liquidations; Priority of Title IV Conservators, Receivers, and
Claims—Subordinated Debt; Effective Voluntary Liquidations; Priority of Airworthiness Directives; Boeing
Date Claims—Joint and Several Liability; Model 747–100B SUD, 747–200B, 747–
Effective Date 300, 747–400, and 747–400D Series
AGENCY: Farm Credit Administration. Airplanes
AGENCY: Farm Credit Administration.
ACTION: Notice of effective date. AGENCY: Federal Aviation
ACTION: Notice of effective date.
SUMMARY: The Farm Credit Administration (FAA), Department of
Administration (FCA or Agency), SUMMARY: The Farm Credit Transportation (DOT).
through the FCA Board (Board), issued Administration (FCA) published a final ACTION: Final rule; request for
a direct final rule with opportunity for rule under part 627 on September 26, comments.
comment under part 627 on September 2007 (72 FR 54527). This final rule
amends our priority of claims SUMMARY: The FAA is superseding an
26, 2007 (72 FR 54525) amending the
regulations to provide priority of claims existing airworthiness directive (AD)
priority of claims regulations to provide
rights to Farm Credit System (System) that applies to all Boeing Model 747–
that, when assets of a Farm Credit
banks if they make payments under a 100B SUD, 747–300, 747–400, and 747–
System institution in liquidation are
reallocation agreement to holders of 400D series airplanes; and Model 747–
distributed, the claims of holders of
consolidated and System-wide 200B series airplanes having a stretched
subordinated debt will be paid after all
obligations on behalf of a defaulting upper deck. The existing AD currently
general creditor claims. The opportunity
System bank. In accordance with 12 requires repetitively inspecting for
for comment expired on October 26,
U.S.C. 2252, the effective date of the cracking or discrepancies of the
2007. The FCA received no comments
final rule is 30 days from the date of fasteners in the tension ties, shear webs,
and therefore, the direct final rule
publication in the Federal Register and frames at body stations 1120
becomes effective without change. In
during which either or both Houses of through 1220, and performing related
accordance with 12 U.S.C. 2252, the
Congress are in session. Based on the investigative and corrective actions if
effective date of the final rule is 30 days
records of the sessions of Congress, the necessary. This new AD reduces the
from the date of publication in the
effective date of the regulations is repetitive interval for certain
Federal Register during which either or
November 16, 2007. inspections. This AD results from new
both Houses of Congress are in session.
DATES: Effective Date: The regulation
reports of multiple severed adjacent
Based on the records of the sessions of
amending 12 CFR part 627 published on tension ties, in addition to the previous
Congress, the effective date of the
September 26, 2007 (72 FR 54527) is reports of cracked and severed tension
regulations is November 16, 2007.
effective November 16, 2007. ties, broken fasteners, and cracks in the
DATES: Effective Date: The regulation frame, shear web, and shear ties
amending 12 CFR part 627 published on FOR FURTHER INFORMATION CONTACT:
adjacent to tension ties for the upper
September 26, 2007 (72 FR 54525) is Christopher D. Wilson, Policy Analyst, deck. We are issuing this AD to detect
effective November 16, 2007. Office of Regulatory Policy, Farm and correct cracking of the tension ties,
FOR FURTHER INFORMATION CONTACT: Credit Administration, McLean, VA shear webs, and frames of the upper
Christopher D. Wilson, Policy Analyst, 22102–5090, (703) 883–4414, TTY deck, which could result in rapid
Office of Regulatory Policy, Farm (703) 883–4434; or decompression and reduced structural
Credit Administration, McLean, Rebecca S. Orlich, Senior Counsel, integrity of the airplane.
ebenthall on PROD1PC69 with RULES

Virginia 22102–5090, (703) 883–4498, Office of General Counsel, Farm DATES: This AD becomes effective
TTY (703) 883–4434, or Credit Administration, McLean, VA November 28, 2007.
Rebecca S. Orlich, Senior Counsel, 22102–5090, (703) 883–4020, TTY On April 26, 2006 (71 FR 14367,
Office of General Counsel, Farm (703) 883–4020. March 22, 2006), the Director of the
Credit Administration, McLean, (12 U.S.C. 2252(a)(9) and (10)) Federal Register approved the

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