US Code

Public Law 119-73 (01/23/2026)

12 U.S.C. § 2020

Related services

(a)

In general

The Farm Credit Banks may provide technical assistance to borrowers, members, and applicants from the bank and associations in the district, including persons obligated on paper discounted by the bank, and may make available to them at their option such financial related services appropriate to their on-farm and aquatic operations as determined to be feasible by the board of directors of the bank, under regulations of the Farm Credit Administration.

(b)

Authority to pass along cost of insurance premiums

(1)

In general

section 2279b of this titlesection 2015(b)(1)(B) of this titleEach Farm Credit Bank may assess each production credit association, other association making direct loans under the authority provided under , and other financing institution described in in the district in which the bank is located to cover the costs of making premium payments under part E of subchapter V.

(2)

Computation

The assessment on any association or other financing institution described in paragraph (1) for any period shall be computed in an equitable manner, as determined by the Corporation.

Pub. L. 92–181, title I, § 1Pub. L. 100–233, title IV, § 401101 Stat. 1628Pub. L. 100–399, title IV, § 401(k)102 Stat. 996Pub. L. 101–220, § 6(b)(1)103 Stat. 1880Pub. L. 104–105, title II, § 215(a)(2)(C)110 Stat. 176Pub. L. 107–171, title V, § 5403(a)(2)(A)116 Stat. 350Pub. L. 110–234, title V, § 5401(a)122 Stat. 1154Pub. L. 110–246, § 4(a)122 Stat. 1664(.12, as added , , ; amended , , ; , (2), , ; , , ; , , ; , , ; , title V, § 5401(a), , , 1915.)

Editorial Notes

Codification

Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4(a) of Pub. L. 110–246 and made identical amendments to this section. The amendments by were repealed by .

Prior Provisions

Pub. L. 92–181, title I, § 185 Stat. 586Pub. L. 96–592, title I, § 10994 Stat. 3439Pub. L. 100–233, § 401A prior section 2020, .12, , ; , , , related to loans through associations or agents, prior to the general amendment of this subchapter by .

Amendments

Pub. L. 110–246, § 5401(a)2008—Subsec. (b). , designated first sentence as par. (1), inserted heading, added par. (2), and struck out former second sentence which related to computation of the assessment on the same basis as is used to compute the premium payment and provided formula to calculate a maximum amount.

Pub. L. 107–171, § 5403(a)(2)(A)(i)section 2277a–4(a)(4) of this titlesection 2277a–4(a)(3) of this title2002—Subsec. (b)(1). , inserted “and Government Sponsored Enterprise-guaranteed loans (as defined in ) provided for in paragraph (4)” after “government-guaranteed loans (as defined in ) provided for in paragraph (3)”.

Pub. L. 107–171, § 5403(a)(2)(A)(ii)Subsec. (b)(4). –(iv), added par. (4).

Pub. L. 104–105, § 215(a)(2)(C)1996—, which directed amendment of “section 1.12(b)”, without specifying the name of the Act being amended, was executed to this section, which is section 112 of the Farm Credit Act of 1971, to reflect the probable intent of Congress.

Pub. L. 104–105, § 215(a)(2)(C)(i)section 2277a–4(a)(3) of this titleSubsec. (b)(1). , inserted “(as defined in )” after “government-guaranteed loans”.

Pub. L. 104–105, § 215(a)(2)(C)(i)Subsec. (b)(3). , inserted “(as so defined)” after “government-guaranteed loans” in subpars. (A) and (B).

Pub. L. 101–220, § 6(b)(1)section 2279b of this title1989—Subsec. (b). , inserted “, other association making direct loans under the authority provided under ,” after “production credit association”.

Pub. L. 101–220, § 6(b)(2)(A)Subsec. (b)(1). , inserted “funded by or” before “discounted with” and “excluding the guaranteed portions of government-guaranteed loans provided for in paragraph (3),” and struck out “and” after “multiplied by 0.0015;”.

Pub. L. 101–220, § 6(b)(2)(B)Subsec. (b)(2). , inserted “funded by or” before “discounted with” and substituted “0.0025; and” for “0.0025.”.

Pub. L. 101–220, § 6(b)(2)(C)Subsec. (b)(3). , added par. (3).

Pub. L. 100–3991988—Subsec. (a). designated existing provision as subsec. (a), inserted heading, substituted “directors of the bank” for “directors of each district bank”, and added subsec. (b).

Statutory Notes and Related Subsidiaries

Effective Date of 2008 Amendment

Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4 of Pub. L. 110–246section 8701 of Title 7Amendment of this section and repeal of by effective , the date of enactment of , see , set out as an Effective Date note under , Agriculture.

Effective Date of 2002 Amendment

Pub. L. 107–171, title V, § 5403(b)116 Stat. 351

“The amendments made by this section [amending this section and sections 2277a–4 and 2277a–5 of this title] shall apply with respect to determinations of premiums for calendar year 2002 and for any succeeding calendar year, and to certified statements with respect to such premiums.”
, , , provided that:

Effective Date of 1989 Amendment

Pub. L. 101–220, § 6(c)103 Stat. 1880

12 U.S.C. 200112 U.S.C. 2277a–5(c)“The amendments made by subsections (a) and (b) [amending sections 2020, 2277a–4, 2277a–8, and 2277a–10 of this title] shall be effective for insurance premiums due to the Farm Credit System Insurance Corporation under the Farm Credit Act of 1971 ( et seq.) on or after , based on the loan volume of each bank for each calendar year beginning with calendar year 1989, and shall be effective for the calculation of the initial premium payment required under section 5.56(c) of the Farm Credit Act of 1971 ().”
, , , provided that:

Effective Date of 1988 Amendment

Pub. L. 100–399section 401 of Pub. L. 100–233section 1001(b) of Pub. L. 100–399section 2002 of this titleAmendment by effective immediately after amendment made by , which was effective 6 months after , see , set out as a note under .

Effective Date

Pub. L. 100–233, title IV, § 401101 Stat. 1622, , , provided that this section is effective 6 months after .