Farm credit act of 1940
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Farm credit act of 1940 hearings before a subcommittee of the Committee on Banking and Currency, United States Senate, Seventy-sixth Congress, third session, on S.3509, a bill to reduce permanently the interest rate on federal land bank and land bank commissioner loans; to relieve federal land bank borrowers of stock liability; to place the federal land banks on a self-supporting basis; to refund and guarantee the bonds of such banks; to increase the functions and responsibilities of national farm-loan associations and county committees of farmers; to provide for the adjustment and refinancing of farm-mortgage debts; to limit the institution of foreclosure proceedings and the taking of deficiency judgments; and for other purposes. May 7, 8, 9, 10, 16, 17, and June 7, 1940. by United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Agricultural, Finance, Farm Mortgages, and Related Matters.

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Published by U.S. Govt. print. off. in Washington, DC .
Written in English



  • United States.


  • Agricultural credit -- United States.

Book details:

LC ClassificationsKF26 .B318 1940
The Physical Object
Paginationiii, 297 p. :
Number of Pages297
ID Numbers
Open LibraryOL6408928M
LC Control Number40030149

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The Farm Credit Act of , Public Law recodified and replaced the prior laws under which the Farm Credit Administration (FCA) and the institutions of the Farm Credit System (System or FCS) were organized and operated. The prior laws, which were repealed and superseded by the Act, are identified in section (a) of the Act. RECORDS OF THE FEDERAL FARM LOAN BOARD History: Established in the Treasury Department by the Federal Farm Loan Act (39 Stat. ), J , to organize and administer the land banks authorized by the act. Abolished, except for Farm Loan Commissioner, by EO , Ma , establishing FCA. Subpart: Subpart P - Farm Credit Bank and Agricultural Credit Bank Financing of Other Financing Institutions ‎(8) Other financing institution access to Farm Credit Banks and agricultural credit banks for funding, discount, and other similar financial assistance: Place of discount: RECORDS OF THE REGIONAL AGRICULTURAL CREDIT CORPORATION (RACC) History: Established in the Reconstruction Finance Corporation under the Emergency Relief and Construction Act of (47 Stat. ), J , to provide agricultural loans. Operated through 12 regional corporations, one in each farm credit district.

  Investment Company Act of This Act regulates the organization of companies, including mutual funds, that engage primarily in investing, reinvesting, and trading in securities, and whose own securities are offered to the investing public. The regulation is designed to minimize conflicts of interest that arise in these complex operations. ACT AS AMENDED 1 Sec. Policy and Objectives 2 Sec. The Farm Credit System 3 Title I Farm Credit Banks 3 Sec. Establishment, Charters, Titles, Branches 3 Sec. Board of Directors 4 Sec. General Corporate Powers 4 Sec. Farm Credit Bank Capitalization 6 Sec. Lending Authority 6 Sec. Interest Rates and Other Charges 8. Our 72 independent Farm Credit institutions are governed by the customers they serve. Together, we support more than , farmers, ranchers, agricultural producers, rural infrastructure providers and rural homebuyers in all 50 states and Puerto Rico. Farm Credit loans help U.S. agricultural producers feed the world, rural businesses grow and. Annual Summary of Farm Business Expenses Annual Summary of Cash Sales of Farm Produced Items and Other Farm Income Cash Flow Summary (Income) Farm Loan Summary Non-Farm Income and Expense Net Worth Statement Profit and Loss Statement County Name Address Tax Year Farm ID No. Employer ID No.

The Federal Farm Loan Act of (Pub.L. 64–, 39 Stat. , enacted J ) was a United States federal law aimed at increasing credit to rural family farmers. It did so by creating a federal farm loan board, twelve regional farm loan banks and tens of farm loan associations. The act was signed into law by President of the United States Woodrow Wilson. Other articles where Farm Credit Act is discussed: United States: Agricultural recovery: other measures, such as the Farm Credit Act of , which refinanced a fifth of all farm mortgages in a period of 18 months, and the creation in of the Rural Electrification Administration (REA), which did more to bring farmers into the 20th century than any other single act.. Secs. , A, B, , A, C, D, E, , , of the Farm Credit Act (12 U.S.C. , , , , a, c, d, e. On J , Congress passed the Bankhead-Jones Farm Tenant Act. This law authorized a modest credit program to assist tenant farmers to purchase land, and it was the culmination of a long effort to secure legislation for their benefit. Following the passage of the act, Congress passed the Farm Security Act into law.