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2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 2207 Young, beginning, and small farmers and ranchers us united_states_code code_section 12 BANKS AND BANKING 23 FARM CREDIT SYSTEM 2207 12 U.S.C. § 2207 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc12@119-100.zip /us/usc/t12/s2207 data/legal/raw/us/code/title-12/usc12.xml 4bd7541b2c8fddb9fe55d5d5dfffc7a4db11b67605c0da8f20fc0d381b696dba e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa 30f3965e67ccd98cfa46508df23ee6167a0f0bd7b18a73353603638164b3c6d0 2026-07-04 official
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12 U.S.C. § 2207 - Young, beginning, and small farmers and ranchers

Text

(a) Under policies of the Farm Credit Bank board, each association shall prepare a program for furnishing sound and constructive credit and related services to young, beginning, and small farmers and ranchers. Such programs shall assure that such credit and services are available in coordination with other institutions of the Farm Credit System serving the territory and with other governmental and private sources of credit. Each program shall be subject to review and approval by the supervising bank.

(b) The Farm Credit Bank for each district shall annually obtain from associations under its supervision reports of activities under programs developed pursuant to subsection (a) and progress toward program objectives. On the basis of such reports, the bank shall provide to the Farm Credit Administration an annual report summarizing the operations and achievements in its district under such programs.

(Pub. L. 92181, title IV, § 4.19, as added Pub. L. 96592, title IV, § 403, Dec. 24, 1980, 94 Stat. 3446; amended Pub. L. 100399, title IX, § 901(i), (j), Aug. 17, 1988, 102 Stat. 1007; Pub. L. 115334, title V, § 5411(25), Dec. 20, 2018, 132 Stat. 4682.)

Notes

Editorial Notes

Amendments2018—Subsec. (a). Pub. L. 115334 struck out “district” before “Farm Credit Bank board” and “Federal land bank association and production credit” before “association shall prepare” and substituted “institutions” for “units”. 1988—Subsec. (a). Pub. L. 100399, § 901(i), inserted “Farm Credit Bank” after “district”. Subsec. (b). Pub. L. 100399, § 901(j), substituted “The Farm Credit Bank for each district” for “The Federal land bank and the Federal intermediate credit bank for each district”, “under its supervision” for “under their supervision”, “subsection (a)” for “subsection (a) of this section”, “the bank shall” for “the banks shall”, “an annual report” for “a joint annual report”, and “achievements in its district” for “achievements in their district”.

Statutory Notes and Related Subsidiaries

Effective Date of 1988 AmendmentAmendment by Pub. L. 100399 effective immediately after amendment made by section 401 of Pub. L. 100233, which was effective 6 months after Jan. 6, 1988, see section 1001(b) of Pub. L. 100399, set out as a note under section 2002 of this title.