12 U.S.C. § 2002 : US Code - Section 2002: Farm Credit System

Search 12 U.S.C. § 2002 : US Code - Section 2002: Farm Credit System

(a) Composition
The Farm Credit System shall include the the (!1) Farm Credit
Banks, the Federal land bank associations, the production credit
associations, the banks for cooperatives, and such other
institutions as may be made a part of the System, all of which
shall be chartered by and subject to regulation by the Farm Credit
Administration.
(b) Farm credit districts
There shall be not more than twelve farm credit districts in the
United States, which may be designated by number, one of which
districts shall include the Commonwealth of Puerto Rico and one of
which districts may, if authorized by the Farm Credit
Administration, include the Virgin Islands of the United States:
Provided, That the extension of credit and other services
authorized by this chapter in the Virgin Islands of the United
States shall be undertaken only if determined to be feasible under
regulations of the Farm Credit Administration. The boundaries of
the twelve farm credit districts existing on December 10, 1971, may
be readjusted from time to time by the Farm Credit Administration,
with the concurrence of the boards of the banks in each district
involved. Two or more districts may be merged as provided in
section 2252(a)(2) of this title.