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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 12 U.S.C. § 2017 Eligibility us united_states_code code_section 12 BANKS AND BANKING 23 FARM CREDIT SYSTEM 2017 12 U.S.C. § 2017 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/s2017 data/legal/raw/us/code/title-12/usc12.xml 50f6342abcbedc92fe16fbe8207dec3b4758d9d78c90dd220fcfc2ffce68023b e6b98700ef4156ac33fde5d105824845d727afa91a53f3762be2cf4d1a3b01fa b1cd7d7e5564a8398455750ae17d4bbf52051b1621685bf35795770f016fa788 2026-07-04 official
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12 U.S.C. § 2017 - Eligibility

Text

The credit and financial services authorized in this subchapter may be made available to persons who are or become stockholders or members of the bank or associations in the district, and who are—

(1) bona fide farmers, ranchers, or producers or harvesters of aquatic products;

(2) persons furnishing to farmers and ranchers farm-related services directly related to their on-farm operating needs; or

(3) owners of rural homes.

(Pub. L. 92181, title I, § 1.9, as added Pub. L. 100233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1626.)

Notes

Editorial Notes

Prior ProvisionsA prior section 2017, Pub. L. 92181, title I, § 1.9, Dec. 10, 1971, 85 Stat. 586; Pub. L. 96592, title I, § 106, Dec. 24, 1980, 94 Stat. 3438; Pub. L. 100233, title IV, § 426, title VIII, § 802(d), Jan. 6, 1988, 101 Stat. 1657, 1710; Pub. L. 100399, title IV, § 412, title VII, § 701, Aug. 17, 1988, 102 Stat. 1004, 1006, related to security, prior to the general amendment of this subchapter by Pub. L. 100233, § 401.

Statutory Notes and Related Subsidiaries

Effective DatePub. L. 100233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1622, provided that this section is effective 6 months after Jan. 6, 1988.