WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 23

12 U.S.C. 2002: Farm Credit System

Created in 1971 by Public Law 92-181. Changed by 5 later laws. No bill we track in this Congress changes it.

2 other sections of the Code cite this one, including 7 U.S.C. 2009cc-9, 12 U.S.C. 2271.

1 part of federal rules cite it as their authority, written by Farm Credit Administration (1).

This Congress

No bill we track in the 119th Congress changes this section.

    How it got here

    2018

    • Pub. L. 115–334 added subsec. (a) and struck out former subsec. (a). Prior to amendment, text read as follows: "The Farm Credit System shall include the the Farm Credit Banks, the Federal land bank associations, the production credit associations, the banks for cooperatives, and such o… (Agriculture Improvement Act of 2018) Law text · (a)

    1988

    • Pub. L. 100–399, §901(s), designated existing provisions as subsec. (a), inserted heading, and substituted "regulation" for "the regulation". · (a)
    • Pub. L. 100–233, §434, amended provisions generally. Prior to amendment, provisions read as follows: "The Farm Credit System shall include the Federal land banks, the Federal land bank associations, the Federal intermediate credit banks, the production credit associations, the banks for cooperative… · (a)
    • Pub. L. 100–233, §805(a), substituted "subject to regulation" for "subject to the regulation". · (a)
    • Pub. L. 100–399, §901(q), (r), designated section 2221 of this title as subsec. (b), inserted heading, and substituted "boards of the banks in each district" for "district boards". · (b)
    • Pub. L. 100–233, §805(v), substituted "section 2252(a)(2) of this title" for "section 2252(2) of this title". · (b)

    1985

    • Pub. L. 99–205, §205(c), substituted "regulation by" for "supervision of". · (a)
    • Pub. L. 99–205, §205(g)(1), substituted "Farm Credit Administration" for "Federal Farm Credit Board" in first and second sentences, and made a technical amendment to reference to section 2252(2) of this title to reflect the renumbering of the corresponding section of the original act. · (b)

    1980

    • Pub. L. 96–592 inserted provisions relating to Virgin Islands of the United States. · (b)

    Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.