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Simple English definitions for legal terms

Farm Credit Administration

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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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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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