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Simple English definitions for legal terms

Farm Credit Administration

Read a random definition: Bureau of Industry and Security

A quick definition of Farm Credit Administration:

Farm Credit Administration: A government agency that makes sure banks and groups that lend money to farmers are doing a good job. It was created in 1929 and became independent in 1971. Its job is to make sure farmers can get the money they need to grow crops and take care of their animals.

A more thorough explanation:

The Farm Credit Administration (FCA) is an independent federal agency that oversees and regulates banks and cooperative associations that are owned by borrowers and make up the federal farm credit system. The FCA was established in 1929 as the "Federal Farm Board," and became an agency within the Department of Agriculture in 1933. In 1971, it became an independent agency.

The FCA's main responsibility is to ensure that the federal farm credit system operates in a safe and sound manner, and that it provides reliable and affordable credit to farmers, ranchers, and other agricultural borrowers. The agency also examines and supervises the institutions that make up the system, and enforces laws and regulations that govern their operations.

For example, if a farmer needs a loan to buy new equipment or expand their operation, they may apply for a loan from a bank or cooperative association that is part of the federal farm credit system. The FCA would oversee the lending institution to ensure that it is following proper lending practices and providing fair and reasonable terms to the borrower.

farm | farmee

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JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
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@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
JumpySubsequentDolphin
22:39
@splitty Oregon!
oh yay for what thats so random
JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
so cutie oregon is beatiful
soyalmondoatmilk
8:38
good morning! hoping waves will come our wave today
8:42
GW wave today?
8:57
There’s someone I found on here with the username threeoutchange and if my understanding is correct that’s a reference to the debut album by a pretty cool 90s-00s Japanese band called Supercar. I geeked a little
8:57
It could just be a baseball reference I don’t get though lol
Dkk
9:00
@renard99: also, the same band that does a song in the anime Eureka 7 which I watched when I was like idk, 12
9:00
Yeah! They are pretty good. Three Out Change is an awesome J-rock record
Dkk
9:01
I will probably not listen to them more but fun fact. Really random to start the day. An omen that the waves will be very random today.
Dkk
9:03
Fuck, reading the wikipedia now. Literal last song they did before they broke up was Storywriter. Wow.
9:05
That one is a masterpiece
9:05
My favorite song by them is Recreation
glovediedthisishismom
9:05
snowing
Dkk
9:07
@renard99: man, hard to find.
Dkk
9:07
@glovediedthisishismom: Congrats on the snow.
Dkk
9:16
@renard99: Poetic and nice.
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