12 U.S.C. § 1401 : US Code - Section 1401: Authorization of loans by Governor of Farm Credit Administration; regulations

Search 12 U.S.C. § 1401 : US Code - Section 1401: Authorization of loans by Governor of Farm Credit Administration; regulations

The Governor of the Farm Credit Administration is authorized to
make advances or loans to individuals, under such regulations as he
may prescribe, for the purpose of assisting in forming local
agricultural-credit corporations, livestock-loan companies, or like
organizations, or of increasing the capital stock of such
corporations, companies, or organizations qualified to do business
with Federal intermediate credit banks, or to which such privileges
may be extended.