Code of Federal Regulations · Section
§ 611.1040 — Creation Of New Associations
12 C.F.R. § 611.1040
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Any application for the issuance of a charter to a new production credit association or Federal land bank association must meet the requirements of sections 2.0 or 2.10, respectively, of the Act. Any application for the issuance of a charter for an agricultural credit association must meet the requirements of section 2.0 of the Act.
Authorizing Statute
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Farm Credit System12 U.S.C. § 2002
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Organization and charters12 U.S.C. § 2071