12 U.S.C. § 2206a
Authority of Farm Credit Banks and direct lender associations to participate in loans to similar entities for risk management purposes
United States · Title 12 — BANKS AND BANKING · Status: effective
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- Citation
- 12 U.S.C. § 2206a, Authority of Farm Credit Banks and direct lender associations to participate in loans to similar entities for risk management purposes, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438218
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Full text
As used in this section:
The terms “participate” and “participation” shall have the meaning provided in section 2122(11)(B)(iii) of this title.
The term “similar entity” means a person that—
Notwithstanding any other provision of this chapter, any Farm Credit Bank or direct lender association chartered under this chapter may participate in any loan of a type otherwise authorized under subchapter I or II made to a similar entity by any person in the business of extending credit, except that a Farm Credit Bank or direct lender association may not participate in a loan under this section if—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.
- Farm Credit System Agricultural Export and Risk Management ActHouse: no recorded tallySenate: no recorded tally
- Farm Security and Rural Investment Act of 2002