Pub. L. 100-399, tit. IV, sec. 415

AMENDMENTS RELATED TO SECTION 431 OF THE 1987 ACT.

EnactedYear: 1988Length: 118 wordsOfficial source
SEC 415. AMENDMENTS RELATED TO SECTION 431 OF THE 1987 ACT. (a) Section 5.11(c)(2)(C) is amended by striking out “5315” and inserting in lieu thereof “5373”. (b) Section 2.15(c)(1) is amended to read as follows: “(c)(1) Notwithstanding any territorial limitation in the charter of a production credit association located in a district in which there are only two such associations, the Farm Credit Administration Board, on request of such association, may permit such association to provide credit and technical assistance to any borrower who is denied credit by the other production credit association in the district if the Board determines that such other production credit association in the district is unduly restrictive in the application of credit standards.”.
Pub. L. 100-399, tit. IV, sec. 415: AMENDMENTS RELATED TO SECTION 431 OF THE 1987 ACT. | Justis AI