U.S. Code » Title 12 » Chapter CHAPTER 23— FARM CREDIT SYSTEM › Subchapter SUBCHAPTER V— FARM CREDIT ADMINISTRATION ORGANIZATION › Part Part B— Farm Credit Administration Organization

12 U.S.C. § 2257

Reports on conditions of institutions receiving loans or deposits

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The executive departments, boards, commissions, and independent establishments of the Government of the United States, the Federal Deposit Insurance Corporation, the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Reserve banks are severally authorized under such conditions as they may prescribe, upon request of the Farm Credit Administration, to make available to it or to any institution of the System in confidence all reports, records, or other information relating to the condition of any organization to which such institution of the System has made or contemplates making loan or for which it has or contemplates discounting paper, or which it is using or contemplates using as a custodian of securities or other credit instruments, or a depository. The Federal Reserve banks in their capacity as depositories, agents, and custodians for bonds, debentures, and other obligations issued by the banks of the System or book entries thereof are also authorized and directed, upon request of the Farm Credit Administration, to make available for audit by farm credit examiners all appropriate books, accounts, financial records, files, and other papers.

Notes of Decisions
Cited in 1 case, 1990–1990 · leading case: Grant v. Fed. Land Bank of Jackson, 559 So. 2d 148 (La. Ct. App. 1990).
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Grant v. Fed. Land Bank of Jackson, 559 So. 2d 148 (La. Ct. App. 1990). “§ 2256 ; 12 U.S.C. § 2257 and 12 U.S.C. § 2243 . Although there is currently no insurance corporation in place to protect against the failure of a land bank, Congress has devised such a scheme to become operational in 1993.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.