Farm Credit Act of 1971

E155610

The Farm Credit Act of 1971 is a U.S. federal law that modernized and consolidated regulations governing the Farm Credit System, providing a more flexible and comprehensive framework for agricultural and rural credit.

All labels observed (1)

Label Occurrences
Farm Credit Act of 1971 canonical 10

How this entity was disambiguated

Statements (42)

Predicate Object
instanceOf United States federal statute ⓘ
agricultural credit law ⓘ
administeredBy Farm Credit Administration ⓘ
amends earlier Farm Credit Acts ⓘ
appliesTo Farm Credit System ⓘ
codifiedIn Title 12 of the United States Code ⓘ
country United States ⓘ
defines borrowing authorities for Farm Credit System institutions ⓘ
powers and authorities of Farm Credit System institutions ⓘ
effect consolidated prior Farm Credit legislation into a single framework ⓘ
increased flexibility of Farm Credit System lending authorities ⓘ
establishes statutory framework for Farm Credit System operations ⓘ
includesProvision capital and reserve requirements for Farm Credit System institutions ⓘ
governance requirements for Farm Credit System institutions ⓘ
supervision and examination of Farm Credit System institutions ⓘ
intendedBeneficiary agricultural cooperatives ⓘ
farmers ⓘ
ranchers ⓘ
rural communities ⓘ
jurisdiction federal government of the United States ⓘ
legalStatus in force, as amended ⓘ
legislativeBody United States Congress ⓘ
policyArea agriculture ⓘ
banking regulation ⓘ
rural development ⓘ
providesFor credit to agricultural cooperatives ⓘ
credit to certain rural utilities and related rural enterprises ⓘ
long-term agricultural real estate loans ⓘ
short-term and intermediate-term production credit ⓘ
purpose to modernize regulations governing the Farm Credit System ⓘ
to provide a comprehensive framework for rural credit ⓘ
to provide a flexible framework for agricultural credit ⓘ
regulates banks for cooperatives ⓘ
federal land bank associations ⓘ
federally chartered Farm Credit System institutions ⓘ
production credit associations ⓘ
relatedTo Farm Credit Administration ⓘ
Farm Credit System ⓘ
reorganized Farm Credit System ⓘ
sectorRegulated agricultural finance ⓘ
rural credit ⓘ
subjectOf subsequent amendments affecting agricultural credit policy ⓘ

How these facts were elicited

Referenced by (10)

Full triples — surface form annotated when it differs from this entity's canonical label.

Farm Credit Act of 1933 → relatedTo → Farm Credit Act of 1971 ⓘ
Farm Credit Administration → operatesUnder → Farm Credit Act of 1971 ⓘ
Federal Farm Credit System → legalBasis → Farm Credit Act of 1971 ⓘ
subject linked to: federal farm credit system
Production Credit Association → regulatoryFramework → Farm Credit Act of 1971 ⓘ
subject linked to: Production Credit Associations
Banks for Cooperatives → regulatoryFramework → Farm Credit Act of 1971 ⓘ
Farm Credit Banks → establishedUnder → Farm Credit Act of 1971 ⓘ
Federal Farm Credit System → legalBasis → Farm Credit Act of 1971 ⓘ
subject linked to: FCS
Federal Farm Credit System → legalBasis → Farm Credit Act of 1971 ⓘ
subject linked to: FFCS
Federal Land Bank Association → legalBasis → Farm Credit Act of 1971 ⓘ
CoBank → regulatoryFramework → Farm Credit Act of 1971 ⓘ