US Code Title 12 Chapter 23 Farm Credit System

§ 2001 - Congressional Declaration of Policy and Objectives
§ 2002 - Farm Credit System

Subchapter I - Farm Credit Banks

§ 2011 - Establishment, Charters, Titles, Branches
§ 2012 - Board of Directors
§ 2013 - General Corporate Powers
§ 2014 - Farm Credit Bank Capitalization
§ 2015 - Lending Authority
§ 2016 - Interest Rates and Other Charges
§ 2017 - Eligibility
§ 2018 - Security; Terms
§ 2019 - Purposes for Extensions of Credit
§ 2020 - Related Services
§ 2021 - Loans Through Associations or Agents
§ 2022 - Liens on Stock
§ 2023 - Taxation

Subchapter II - Farm Credit Associations

Part A - Production Credit Associations

§ 2071 - Organization and Charters
§ 2072 - Board of Directors
§ 2073 - General Corporate Powers
§ 2074 - Production Credit Association Capitalization
§ 2075 - Short- and Intermediate-term Loans; Participation; Other Financial Assistance; Terms; Conditions; Interest; Security
§ 2076 - Other Services
§ 2076a - Liens on Stock
§ 2077 - Taxation

Part B - Federal Land Bank Associations

§ 2091 - Organizations; Articles; Charters; Powers of the Farm Credit Administration
§ 2092 - Board of Directors
§ 2093 - General Corporate Powers
§ 2094 - Federal Land Bank Association Capitalization
§ 2095 - Repealed. Pub. L. 100–399, Title Iv, §401(v), Aug. 17, 1988, 102 Stat. 999
§ 2096 - Agreements for Sharing Gains or Losses
§ 2097 - Liens on Stock
§ 2098 - Taxation

Subchapter III - Banks for Cooperatives

Part A - Banks for Cooperatives

§ 2121 - Establishment; Titles; Branches
§ 2122 - Corporate Existence; General Corporate Powers
§ 2123 - Board of Directors
§ 2124 - Stock of Banks for Cooperatives
§ 2125 - Dividends
§ 2126 - Retirement of Stock
§ 2127 - Guaranty Fund Subscriptions in Lieu of Stock
§ 2128 - Loans, Commitments, and Technical and Financial Assistance
§ 2129 - Eligibility
§ 2130 - Ownership of Stock by Borrowers
§ 2131 - Loans
§ 2132 - Earnings and Reserves; Application of Savings
§ 2133 - Distribution of Assets on Liquidation or Dissolution
§ 2134 - Taxation

Part B - United and National Banks for Cooperatives

§ 2141 - Charter, Powers, and Operation
§ 2142 - Board of Directors Provisions
§ 2143 - Credit Delivery Office
§ 2144 - Consolidation of Functions
§ 2145 - Exchange of Ownership Interests
§ 2146 - Capitalization
§ 2147 - Patronage Pools
§ 2148 - Transactions to Accomplish Merger
§ 2149 - Lending Limits
§ 2149a - Reports by Merged Banks for Cooperatives

Subchapter IV - Provisions Applicable to Two or More Classes of Institutions of the System

Part A - Funding

§ 2151 - Revolving Fund
§ 2152 - Repealed. Pub. L. 100–233, Title Ii, §207(a)(1), Jan. 6, 1988, 101 Stat. 1607
§ 2153 - Power to Borrow; Issuance of Notes, Bonds, Debentures, and Other Obligations
§ 2154 - Capital Adequacy of Banks and Institutions
§ 2154a - Capitalization of System Institutions
§ 2155 - Liability of Banks; United States Not Liable
§ 2156 - Repealed. Pub. L. 100–233, Title Ii, §204(b), Jan. 6, 1988, 101 Stat. 1607
§ 2157 - Bonds as Investments
§ 2158 - Purchase and Sale by Federal Reserve System
§ 2159 - Purchase and Sale of Obligations; Additional Powers
§ 2160 - Federal Farm Credit Banks Funding Corporation
§ 2161 - Repealed. Pub. L. 100–399, Title I, §101(a), Aug. 17, 1988, 102 Stat. 989
§ 2162 - Protection of Borrower Stock

Part B - Dissolution

§§ 2181-2182 - Repealed. Pub. L. 100–233, Title Iv, §418(a)(2), (3), Formerly §415(a)(2), (3), Jan. 6, 1988, 101 Stat. 1653; Renumbered §418(a)(2), (3), Pub. L. 100–399, Title Iv, §409(a), Aug. 17, 1988, 102 Stat. 1003
§ 2183 - Dissolution; Voluntary or Involuntary Liquidation; Mergers; Receiverships or Conservators
§ 2184 - Communications With Stockholders

Part D1 - Farm Credit System Capital Corporation

§§ 2216-to-2216k - Repealed. Pub. L. 100–233, Title Ii, §207(a)(3), Jan. 6, 1988, 101 Stat. 1607

Part F - Sale of Insurance

§ 2218 - Lines of Insurance

Part G - Miscellaneous

§ 2219 - Limitation on Separate Sale
§ 2219a - Right of First Refusal
§ 2219b - Application of Uninsured Accounts
§ 2219c - Affirmative Action
§ 2219d - Encouragement of Conservation Practices
§ 2219e - Liability for Making Criminal Referrals

Subchapter V - Farm Credit Administration Organization

Part A - District Organization

§ 2221 - Transferred
§§ 2222-to-2227 - Repealed. Pub. L. 100–399, Title Iv, §409(d), Aug. 17, 1988, 102 Stat. 1003

Part B - Farm Credit Administration Organization

§ 2241 - Farm Credit Administration
§ 2242 - Farm Credit Administration Board
§ 2243 - Powers of Board
§ 2244 - Chairman; Responsibilities; Governing Standards
§ 2245 - Organization of Farm Credit Administration
§ 2246 - Advisory Committees
§ 2247 - Repealed. Pub. L. 99–205, Title Ii, §201(2), Dec. 23, 1985, 99 Stat. 1690
§ 2248 - Seal of the Farm Credit Administration
§ 2249 - Administrative Expenses
§ 2250 - Farm Credit Administration Operating Expenses Fund
§ 2251 - Quarters and Facilities for the Farm Credit Administration
§ 2252 - Powers and Duties
§ 2253 - Prior Delegations
§ 2254 - Examinations
§ 2255 - Conditions of Other Banks and Lending Institutions
§ 2256 - Consent to the Availability of Reports and to Examinations
§ 2257 - Reports on Conditions of Institutions Receiving Loans or Deposits
§ 2257a - Uniform Financial Reporting Instructions
§ 2258 - Jurisdiction
§ 2259 - State Legislation
§ 2260 - Transferred

Part C - Enforcement Powers of Farm Credit Administration

§ 2261 - Cease and Desist Proceedings
§ 2262 - Temporary Cease and Desist Orders
§ 2263 - Enforcement of Temporary Cease and Desist Orders
§ 2264 - Suspension or Removal of Director or Officer
§ 2265 - Suspension or Removal of Director or Officer Charged With Felony
§ 2266 - Hearings and Judicial Review
§ 2267 - Jurisdiction and Enforcement
§ 2268 - Penalty
§ 2269 - Further Penalties
§ 2270 - Replacement of Suspended or Removed Directors
§ 2271 - Definitions
§ 2272 - Notice of Service
§ 2273 - Ancillary Provisions; Subpena Power; Etc.
§ 2274 - Power to Remove Directors and Officers

Part D - Miscellaneous

§ 2275 - Government Accountability Office Audit; Report to Congress
§ 2275a - Transition Rules Relating to Amendment of Certain Fca Approval Authorities
§ 2276 - Access to and Examination by Comptroller General of Books, Documents, Etc., of Farm Credit System Banks and Institutions

Part E - Farm Credit System Insurance Corporation

§ 2277a - Definitions
§ 2277a-1 - Establishment of Farm Credit System Insurance Corporation
§ 2277a-2 - Board of Directors
§ 2277a-3 - Commencement of Insurance
§ 2277a-4 - Premiums
§ 2277a-5 - Certification of Premiums
§ 2277a-6 - Overpayment and Underpayment of Premiums; Remedies
§ 2277a-7 - General Corporate Powers
§ 2277a-8 - Conduct of Corporate Affairs; Examination of System Institutions
§ 2277a-9 - Insurance Fund
§ 2277a-10 - Powers of Corporation With Respect to Troubled Insured System Banks
§ 2277a-10a - Oversight Actions by Corporation
§ 2277a-10b - Authority to Regulate Golden Parachute and Indemnification Payments
§ 2277a-11 - Investment of Funds
§ 2277a-12 - Exemption From Taxation
§ 2277a-13 - Omitted
§ 2277a-14 - Prohibitions

Subchapter VI - Assistance to Farm Credit System

Part A - Assistance Board

§ 2278a - Establishment of Board
§ 2278a-1 - Purposes
§ 2278a-2 - Board of Directors
§ 2278a-3 - Corporate Powers
§ 2278a-4 - Certification of Eligibility to Issue Preferred Stock
§ 2278a-5 - Assistance
§ 2278a-6 - Special Powers
§ 2278a-7 - Administration
§ 2278a-8 - Limitation of Powers
§ 2278a-9 - Succession
§ 2278a-10 - Effect of Regulations; Audits
§ 2278a-11 - Exemption From Taxation
§ 2278a-12 - Termination
§ 2278a-13 - Transitional Provisions

Part B - Financial Assistance Corporation

§ 2278b - Establishment of Corporation
§ 2278b-1 - Purpose
§ 2278b-2 - Board of Directors
§ 2278b-3 - Stock
§ 2278b-4 - Corporate Powers
§ 2278b-5 - Accounts
§ 2278b-6 - Debt Obligations
§ 2278b-7 - Preferred Stock
§ 2278b-8 - Payments
§ 2278b-9 - One-time Stock Purchase
§ 2278b-10 - Exemption From Taxation
§ 2278b-11 - Termination

Subchapter VII - Restructuring of System Institutions

Part A - Merger of Banks Within a District

§ 2279a - Power to Merge
§ 2279a-1 - Board of Directors
§ 2279a-2 - Powers of Merged Banks
§ 2279a-3 - Capitalization
§ 2279a-4 - Repealed. Pub. L. 100–399, Title Iv, §408(d), Aug. 17, 1988, 102 Stat. 1001
§ 2279a-5 - Transferred

Part B - Mergers, Transfers of Assets, and Powers of Associations Within a District

Subpart 1 - Transfers by Federal Land Banks to Federal Land Bank Associations

§ 2279b - Transfer of Lending Authority
§ 2279c - Equalization of Loan-making Powers of Certain District Associations

Subpart 2 - Merger of Like and Unlike Associations

§ 2279c-1 - Merger of Associations

Subpart 3 - Reconsideration

§ 2279c-2 - Reconsideration

Subpart 4 - Termination and Dissolution of Institutions

§ 2279d - Termination of System Institution Status

Part C - Approval of Disclosure Information and Issuance of Charters by the Farm Credit Administration Board

§ 2279e - Approval of Disclosure Information and Issuance of Charters

Part D - Mergers of Like Entities

§ 2279f - Merger of Similar Banks
§ 2279f-1 - Merger of Similar Associations

Part E - Taxation of Merger Transactions

§ 2279g - Transactions to Accomplish Mergers Exempt From Certain State Taxes

Subchapter VIII - Agricultural Mortgage Secondary Market

§ 2279aa - Definitions

Part A - Establishment and Activities of Federal Agricultural Mortgage Corporation

§ 2279aa-1 - Federal Agricultural Mortgage Corporation
§ 2279aa-2 - Board of Directors
§ 2279aa-3 - Powers and Duties of Corporation and Board
§ 2279aa-4 - Stock Issuance
§ 2279aa-5 - Certification of Agricultural Mortgage Marketing Facilities
§ 2279aa-6 - Guarantee of Qualified Loans
§ 2279aa-7 - Repealed. Pub. L. 104–105, Title I, §108(b), Feb. 10, 1996, 110 Stat. 164
§ 2279aa-8 - Standards for Qualified Loans
§ 2279aa-9 - Exemption From Restructuring and Borrowers Rights Provisions for Pooled Loans
§ 2279aa-10 - Funding for Guarantee; Reserves of Corporation
§ 2279aa-11 - Supervision, Examination, and Report of Condition
§ 2279aa-12 - Securities in Credit Enhanced Pools
§ 2279aa-13 - Authority to Issue Obligations to Cover Guarantee Losses of Corporation
§ 2279aa-14 - Federal Jurisdiction

Part B - Regulation of Financial Safety and Soundness of Federal Agricultural Mortgage Corporation

§ 2279bb - Definitions
§ 2279bb-1 - Risk-based Capital Levels
§ 2279bb-2 - Minimum Capital Level
§ 2279bb-3 - Critical Capital Level
§ 2279bb-4 - Enforcement Levels
§ 2279bb-5 - Mandatory Actions Applicable to Level II
§ 2279bb-6 - Supervisory Actions Applicable to Level III
§ 2279bb-7 - Recapitalization of Corporation

Part C - Receivership, Conservatorship, and Liquidation of Federal Agricultural Mortgage Corporation

§ 2279cc - Conservatorship; Liquidation; Receivership

Last modified: October 26, 2015