2017 US Code
Title 12 - Banks and Banking
Chapter 23 - Farm Credit System
Subchapter VI - Assistance to Farm Credit System
Part B - Financial Assistance Corporation
Sec. 2278b-1 - Purpose

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Citation 12 U.S.C. § 2278b-1 (2017)
Section Name §2278b–1. Purpose
Section Text

The purpose of the Financial Assistance Corporation shall be to carry out a program to provide capital to institutions of the Farm Credit System that are experiencing financial difficulty and to assist, pursuant to section 2278a–9(e) of this title and subsections (c) through (g) of section 2278b–6 of this title, in the repayment by System institutions to those persons who provided funds in connection with the program.

Source Credit

(Pub. L. 92–181, title VI, §6.21, as added Pub. L. 100–233, title II, §201, Jan. 6, 1988, 101 Stat. 1595; amended Pub. L. 102–552, title III, §307(a), Oct. 28, 1992, 106 Stat. 4116.)

Editorial Notes AMENDMENTS

1992—Pub. L. 102–552 inserted before period at end "and to assist, pursuant to section 2278a–9(e) of this title and subsections (c) through (g) of section 2278b–6 of this title, in the repayment by System institutions to those persons who provided funds in connection with the program".

Publication Title United States Code, 2012 Edition, Supplement 5, Title 12 - BANKS AND BANKING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 12 - BANKS AND BANKING
CHAPTER 23 - FARM CREDIT SYSTEM
SUBCHAPTER VI - ASSISTANCE TO FARM CREDIT SYSTEM
Part B - Financial Assistance Corporation
Sec. 2278b-1 - Purpose
Contains section 2278b-1
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 101 Stat. 1595
106 Stat. 4116
Public Law References Public Law 92-181, Public Law 100-233, Public Law 102-552
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