Title 12 — Banks and BankingRelease 119-73not60
§2149 Lending Limits
Title 12 › Chapter 23— FARM CREDIT SYSTEM › Subchapter III— BANKS FOR COOPERATIVES › Part B— National Banks for Cooperatives › § 2149
Summary
The Farm Credit Administration must not set tougher lending limits for the consolidated bank than the combined limits it already had for the banks that were merged.
Full Legal Text
Title 12, §2149
Banks and Banking — Source: USLM XML via OLRC
The Farm Credit Administration may not establish lending limits for the consolidated bank with respect to any loans or borrowers that are more restrictive than the combined lending limits that were previously established by the Farm Credit Administration for the constituent banks described in section 413(b) of the Agricultural Credit Act of 1987 (12 U.S.C. 2121 note; Public Law 100–233) with respect to such loans or borrowers.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Amendments
2018—Pub. L. 115–334 substituted “the constituent banks described in section 413(b) of the Agricultural Credit Act of 1987 (12 U.S.C. 2121 note; Public Law 100–233)” for “a district bank for cooperatives and the Central Bank for Cooperatives”.
Reference
Citations & Metadata
Citation
12 U.S.C. § 2149
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60