Title 12Banks and BankingRelease 119-73

§2277a–1 Establishment of Farm Credit System Insurance Corporation

Title 12 › Chapter CHAPTER 23— - FARM CREDIT SYSTEM › Subchapter SUBCHAPTER V— - FARM CREDIT ADMINISTRATION ORGANIZATION › Part Part E— - Farm Credit System Insurance Corporation › § 2277a–1

Last updated Apr 6, 2026|Official source

Summary

Creates Farm Credit System Insurance Corporation to insure timely principal and interest on obligations under subsections (c) or (d) of section 2153 for eligible System banks.

Full Legal Text

Title 12, §2277a–1

Banks and Banking — Source: USLM XML via OLRC

There is hereby established the Farm Credit System Insurance Corporation which shall insure, in accordance with this part, the timely payment of principal and interest on notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 2153 of this title on behalf of one or more System banks all of which are entitled to the benefits of insurance under this part.

Reference

Citations & Metadata

Citation

12 U.S.C. § 2277a–1

Title 12Banks and Banking

Last Updated

Apr 6, 2026

Release point: 119-73