Farm Credit Act of 1955: Hearings Before ..., 84-1 on H.R. 5168, May 17 ... June 7, 1955

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Σελίδα 3 - If any provision of this Act or the application thereof to any person or circumstance is held invalid, the remainder of the Act and the application of such provisions to other persons or circumstances shall not be affected thereby.
Σελίδα 156 - Farm Credit Act of 1953. This act directed the Board to make recommendations to the Congress for carrying into effect the declared policy to increase borrower participation in the management, control, and ultimate ownership of the permanent system of agricultural credit made available through the banks and associations operating under the supervision of the Farm Credit Administration.
Σελίδα 5 - To fulfill these purposes, the country is divided into 12 Farm Credit Districts. At the same location in each district there is a Federal land bank, a Federal intermediate credit bank, and a bank for cooperatives. There is also a Central Bank for Cooperatives in Denver, Colorado.
Σελίδα 21 - A stock, preferred as to assets in the event of liquidation, may be issued only to the Governor of the Farm Credit Administration on behalf of the United States and represents the investment of the United States in such bank.
Σελίδα 4 - Budget, it shall concurrently transmit copies thereof to the House Committee on Agriculture and the Senate Committee on Agriculture and Forestry.
Σελίδα 13 - Budget advises that, from the standpoint of the administration's program, there is no objection to the presentation of this proposal for the consideration of the Congress.
Σελίδα 24 - Limitation on lending operations of Central Bank. Pursuant to the provisions of law that any regulation affecting the lending operations of the banks for cooperatives shall be consistent with the principle that the Central Bank for Cooperatives shall make loans only in cases where it is not practicable for the loan to be made by a district bank, no loan application made to the Central Bank for Cooperatives by a farmers...
Σελίδα 1 - The exemption provided herein shall not apply with respect to any Production Credit Association or its property or income after the stock held in it by the Production Credit Corporation has been retired, or with respect to...

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