Title 12 › CHAPTER 23 — FARM CREDIT SYSTEM › SUBCHAPTER IV — PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEM › Part D — Activities of Institutions of the System › § 2205
Loans made by Farm Credit System institutions and certain agricultural credit corporations do not have to follow any state limits on interest rates. State interest-rate rules are overridden for the purposes of this chapter. Farm Credit System institutions — lenders that are part of the Farm Credit System. Agricultural credit corporations — companies formed with cooperative associations to finance ordinary crop operations and that are eligible to discount loans with Farm Credit Banks.
Full Legal Text
Banks and Banking, Source: USLM XML via OLRC
Legislative History
Reference
Citation
12 U.S.C. § 2205
Title 12, Banks and Banking
Last Updated
Aug 21, 2026
Release point: 119-102