12 U.S.C. § 2207 | Young, beginning, and small farmers and ranchers

(a)

Under policies of the Farm Credit Bank board, each association shall prepare a program for furnishing sound and constructive credit and related services to young, beginning, and small farmers and ranchers. Such programs shall assure that such credit and services are available in coordination with other institutions of the Farm Credit System serving the territory and with other governmental and private sources of credit. Each program shall be subject to review and approval by the supervising bank.

(b)

The Farm Credit Bank for each district shall annually obtain from associations under its supervision reports of activities under programs developed pursuant to subsection (a) and progress toward program objectives. On the basis of such reports, the bank shall provide to the Farm Credit Administration an annual report summarizing the operations and achievements in its district under such programs.

Pub. L. 92–181, title IV, § 4 Pub. L. 96–592, title IV, § 403Dec. 24, 198094 Stat. 3446 Pub. L. 100–399, title IX, § 901(i)Aug. 17, 1988102 Stat. 1007 Pub. L. 115–334, title V, § 5411(25)Dec. 20, 2018132 Stat. 4682(.19, as added , , ; amended , (j), , ; , , .)

Editorial Notes

Amendments

Pub. L. 115–3342018—Subsec. (a). struck out “district” before “Farm Credit Bank board” and “Federal land bank association and production credit” before “association shall prepare” and substituted “institutions” for “units”.

Pub. L. 100–399, § 901(i)1988—Subsec. (a). , inserted “Farm Credit Bank” after “district”.

Pub. L. 100–399, § 901(j)Subsec. (b). , substituted “The Farm Credit Bank for each district” for “The Federal land bank and the Federal intermediate credit bank for each district”, “under its supervision” for “under their supervision”, “subsection (a)” for “subsection (a) of this section”, “the bank shall” for “the banks shall”, “an annual report” for “a joint annual report”, and “achievements in its district” for “achievements in their district”.

Statutory Notes and Related Subsidiaries

Effective Date of 1988 Amendment

Pub. L. 100–399 section 401 of Pub. L. 100–233Jan. 6, 1988section 1001(b) of Pub. L. 100–399 section 2002 of this titleAmendment by effective immediately after amendment made by , which was effective 6 months after , see , set out as a note under .