Title 12 — Banks and BankingRelease 119-73
§2143 Credit delivery office
Title 12 › Chapter CHAPTER 23— - FARM CREDIT SYSTEM › Subchapter SUBCHAPTER III— - BANKS FOR COOPERATIVES › Part Part B— - National Banks for Cooperatives › § 2143
Summary
If board finds loans concentrated in districts defined before bank creation under section 413 of the Agricultural Credit Act of 1987, the bank may consider regional centers.
Full Legal Text
Title 12, §2143
Banks and Banking — Source: USLM XML via OLRC
On a determination by the board of directors of the consolidated bank that the bank’s loan portfolio is concentrated in any one district or districts (according to the district boundaries in effect immediately prior to the effective date of the establishment of the bank under section 413 of the Agricultural Credit Act of 1987), the bank may consider the creation of regional service centers to accommodate such loan concentrations.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
section 413 of the Agricultural Credit Act of 1987, referred to in text, is section 413 of Pub. L. 100–233, which is set out as a note under section 2121 of this title.
Amendments
1988—Pub. L. 100–399 substituted “consolidated bank” for “United Bank for Cooperatives or the National Bank for Cooperatives” and “establishment of the bank under section 413 of the Agricultural Credit Act of 1987” for “merger”.
Statutory Notes and Related Subsidiaries
Effective Date
of 1988 AmendmentAmendment by Pub. L. 100–399 effective as if enacted immediately after enactment of Pub. L. 100–233, which was approved Jan. 6, 1988, see section 1001(a) of Pub. L. 100–399, set out as a note under section 2002 of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 2143
Title 12 — Banks and Banking
Last Updated
Apr 6, 2026
Release point: 119-73