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This circular contains all general provisions, by acts of Congress and Executive Order, relating to the establishment and operation of the Farm Credit Administration.

This circular also contains all provisions of the Federal Farm Loan Act, its amendments and supplements, relating to Federal land banks, joint stock land banks, national farm loan associations, and Federal intermediate credit banks; the provisions of the Emergency Farm Mortgage Act of 1933, as amended, relative to loans to farmers by the Land Bank Commissioner; the provisions of the Federal Farm Mortgage Corporation Act, as amended; the provisions of the Farm Credit Act of 1933, as amended, relating to production credit corporations, production credit associations, and banks for cooperatives; provisions relating to regional agricultural credit corporations; the provisions of the Federal Credit Union Act, as amended; and the provisions of the Act of January 29, 1937, relating to loans to farmers for crop production and harvesting.

The provisions of the acts of Congress and of the Executive Orders contained herein are set forth in accordance with the codification thereof in The Code of The Laws of the United States of America and supplements thereto (Title 12, Chapters 7, 10, and 14; Title 7, Chapter 18).

In the right margin of this circular, opposite each section which was incorporated in the Federal Farm Loan Act, either originally or by amendment thereto, is printed the number of the Federal Farm Loan Act section in which the provisions are contained. At the end of each section, is a parenthetical reference to the act of Congress from which the provisions were derived, to any subsequent amendatory acts, and, wherever a section has been affected by either or both of the Executive Orders set forth at the beginning of this circular, to such Order or Orders.

The sections, chapters, and subchapters into which this circular is divided are numbered to correspond with the same material as it appears in the Code.

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Farm Credit Administration, Introductory

(Chapter 7, Title 12, U. S. C.)

Executive Order No. 6084_.

Executive Order No. 5200

Farm Credit Administration; General Administrative Provisions___
District Organizations under Supervision of Farm Credit Admin-
istration; Farm Credit Districts and Farm Credit Boards____

Federal Land Banks, Joint Stock Land Banks, and National
Farm Loan Associations

(Subchapter I, Chapter 7, Title 12, U. S. C.)

Loans to Farmers by Land Bank Commissioner

(Subchapter II, Chapter 7, Title 12, U. S. C.)‒‒‒

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Provisions Common to Production Credit Corporations, Production Credit Associations, Regional and Central Banks for Cooperatives

(Subchapter VI, Chapter 7, Title 12, U. S. C.)‒‒‒


Agricultural Marketing Act

(Subchapter VII, Chapter 7, Title 12, U. S. C.).


Regional Agricultural Credit Corporations
(Subchapter VIII, Chapter 7, Title 12, U. S. C.)--


Local Agricultural-Credit Corporations, Livestock-Loan Companies, and Like Organizations; Loans to Individuals to Aid in Formation or to Increase Capital Stock

(Chapter 10, Title 12, U. S. C.) –.

Federal Credit Unions

(Chapter 14, Title 12, U. S. C.)Cooperative Marketing Act

(Chapter 18, Title 7, U. S. C.)–






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