Title 12 — Banks and BankingRelease 119-73not60
§2219 Limitation on Separate Sale
Title 12 › Chapter 23— FARM CREDIT SYSTEM › Subchapter IV— PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEM › Part G— Miscellaneous › § 2219
Summary
A Farm Credit System institution that forecloses on land must not sell only surface rights; must sell mineral rights.
Full Legal Text
Title 12, §2219
Banks and Banking — Source: USLM XML via OLRC
If real property is acquired by any institution of the Farm Credit System through foreclosure, no institution of the Farm Credit System shall sell the surface rights to that real property to any person unless the institution also sells all mineral rights to that real property to that person.
Legislative History
Notes & Related Subsidiaries
Statutory Notes and Related Subsidiaries
Effective Date
Section effective thirty days after Dec. 23, 1985, see section 401 of Pub. L. 99–205, set out as an
Effective Date
of 1985 Amendment note under section 2001 of this title.
Reference
Citations & Metadata
Citation
12 U.S.C. § 2219
Title 12 — Banks and Banking
Last Updated
Apr 3, 2026
Release point: 119-73not60