FARM CREDIT SYSTEM
Title 12 - Banks and Banking
Congressional declaration of policy and objectives
Farm Credit System
Establishment, charters, titles, branches
Board of directors
General corporate powers
Farm Credit Bank capitalization
Lending authority
Interest rates and other charges
Eligibility
Security; terms
Purposes for extensions of credit
Related services
Loans through associations or agents
Liens on stock
Taxation
Organization and charters
Board of directors
General corporate powers
Production credit association capitalization
Short- and intermediate-term loans; participation; other financial assistance; terms; conditions; interest; security
Other services
Liens on stock
Taxation
Organizations; articles; charters; powers of the Farm Credit Administration
Board of directors
General corporate powers
Federal land bank association capitalization
Agreements for sharing gains or losses
Liens on stock
Taxation
Establishment; titles; branches
Corporate existence; general corporate powers
Board of directors
Stock of banks for cooperatives
Dividends
Retirement of stock
Guaranty fund subscriptions in lieu of stock
Loans, commitments, and technical and financial assistance
Eligibility
Ownership of stock by borrowers
Loans
Earnings and reserves; application of savings
Distribution of assets on liquidation or dissolution
Taxation
Charter, powers, and operation
Credit delivery office
Consolidation of functions
Exchange of ownership interests
Capitalization
Patronage pools
Transactions to accomplish merger
Lending limits
Power to borrow; issuance of notes, bonds, debentures, and other obligations
Capital adequacy of banks and institutions
Capitalization of System institutions
Liability of banks; United States not liable
Bonds as investments
Purchase and sale by Federal Reserve System
Purchase and sale of obligations
Federal Farm Credit Banks Funding Corporation
Protection of borrower stock
Dissolution; voluntary or involuntary liquidation; mergers; receiverships or conservators
Communications with stockholders
Disclosure
Access to documents and information
Notice of action on application
Reconsideration of actions
Restructuring distressed loans
Effect of restructuring on borrower stock
Protection of borrowers who meet all loan obligations
Waiver of mediation rights by borrowers
Nomination of association directors; representative selection of nominees
Interest rates
Participation loans
Authority of Farm Credit Banks and direct lender associations to participate in loans to similar entities for risk management purposes
Young, beginning, and small farmers and ranchers
Prohibition against use of signed ballots
Establishment
Powers of Farm Credit Administration
Regulation and examination
State laws
“Bank” defined
Lines of insurance
Limitation on separate sale
Right of first refusal
Application of uninsured accounts
Affirmative action
Encouragement of conservation practices
Liability for making criminal referrals
Farm Credit Administration
Farm Credit Administration Board
Powers of Board
Chairman; responsibilities; governing standards
Organization of Farm Credit Administration
Advisory committees
Seal of the Farm Credit Administration
Administrative expenses
Farm Credit Administration operating expenses fund
Quarters and facilities for the Farm Credit Administration
Powers and duties
Examinations
Conditions of other banks and lending institutions
Consent to the availability of reports and to examinations
Reports on conditions of institutions receiving loans or deposits
Uniform financial reporting instructions
Jurisdiction
State legislation
Cease and desist proceedings
Temporary cease and desist orders
Enforcement of temporary cease and desist orders
Suspension or removal of director or officer
Suspension or removal of director or officer charged with felony
Removal and prohibition authority; industry-wide prohibition
Hearings and judicial review
Jurisdiction and enforcement
Jurisdiction over institution-affiliated parties
Penalty
Further penalties
Replacement of suspended or removed directors
Definitions
Notice of service
Ancillary provisions; subpena power; etc.
Power to remove directors and officers
Transition rules relating to amendment of certain FCA approval authorities
Access to and examination by Comptroller General of books, documents, etc., of farm credit system banks and institutions
Definitions
Establishment of Farm Credit System Insurance Corporation
Powers of Corporation with respect to troubled insured System banks
Oversight actions by Corporation
Authority to regulate golden parachute and indemnification payments
Corporation as conservator or receiver; certain other powers
Investment of funds
Exemption from taxation
Prohibitions
Board of Directors
Commencement of insurance
Premiums
Certification of premiums
Overpayment and underpayment of premiums; remedies
General corporate powers
Conduct of corporate affairs; examination of System institutions
Insurance Fund
Power to merge
Board of directors
Powers of merged banks
Capitalization
Definitions
Federal Agricultural Mortgage Corporation
Funding for guarantee; reserves of Corporation
Supervision, examination, and report of condition
Securities in credit enhanced pools
Authority to issue obligations to cover guarantee losses of Corporation
Federal jurisdiction
Board of directors
Powers and duties of Corporation and Board
Stock issuance
Certification of agricultural mortgage marketing facilities
Guarantee of qualified loans
Standards for qualified loans
Exemption from restructuring and borrowers rights provisions for pooled loans
Definitions
Risk-based capital levels
Minimum capital level
Critical capital level
Enforcement levels
Mandatory actions applicable to level II
Supervisory actions applicable to level III
Conservatorship; liquidation; receivership
Approval of disclosure information and issuance of charters
Merger of similar banks
Merger of similar associations
Transactions to accomplish mergers exempt from certain State taxes