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12 U.S.C. 2017: EligibilityText contains those laws in effect through Public Law 119-120 (October 7, 2026).
From Title 12-BANKS AND BANKINGCHAPTER 23-FARM CREDIT SYSTEM
Jump To: Source CreditEditorial NotesPrior ProvisionsStatutory Notes and Related SubsidiariesEffective Date

§2017. Eligibility

The credit and financial services authorized in this subchapter may be made available to persons who are or become stockholders or members of the bank or associations in the district, and who are⁠—

(1)  bona fide farmers, ranchers, or producers or harvesters of aquatic products;

(2)  persons furnishing to farmers and ranchers farm-related services directly related to their on-farm operating needs; or

(3)  owners of rural homes.

( Pub. L. 92–181, title I, § 1 .9, as added Pub. L. 100–233, title IV, § 401 , Jan. 6, 1988 , 101 Stat. 1626 .)

Editorial Notes

Prior Provisions

A prior section 2017, Pub. L. 92–181, title I, § 1.9, Dec. 10, 1971, 85 Stat. 586; Pub. L. 96–592, title I, § 106, Dec. 24, 1980, 94 Stat. 3438; Pub. L. 100–233, title IV, § 426, title VIII, § 802(d), Jan. 6, 1988, 101 Stat. 1657, 1710; Pub. L. 100–399, title IV, § 412, title VII, § 701, Aug. 17, 1988, 102 Stat. 1004, 1006, related to security, prior to the general amendment of this subchapter by Pub. L. 100–233, § 401.

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1622, provided that this section is effective 6 months after Jan. 6, 1988.