The Farm Credit System Insurance Corporation (FCSIC) is an entity of the
Farm Credit System
The Farm Credit System (FCS) in the United States is a nationwide network of borrower-owned lending institutions and specialized service organizations. The Farm Credit System provides more than $304 billion in loans, leases, and related services t ...
(FCS), established by the
Agricultural Credit Act of 1987
In United States federal agriculture legislation, the Agricultural Credit Act of 1987 () was enacted in response to the severe financial crisis of the early- to mid-1980s, which affected both farmers and their lending institutions.
The Act auth ...
, to insure the timely repayment of principal and interest on FCS
debt securities
A security is a tradable financial asset. The term commonly refers to any form of financial instrument, but its legal definition varies by jurisdiction. In some countries and languages people commonly use the term "security" to refer to any for ...
.
See also
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Title 12 of the Code of Federal Regulations
CFR Title 12 – Banks and Banking is one of 50 titles composing the United States Code of Federal Regulations (CFR) and contains the principal set of rules and regulations issued by federal agencies regarding banks and banking. It is available ...
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Federal Crop Insurance Corporation
The Federal Crop Insurance Corporation (FCIC) is a wholly owned government corporation managed by the Risk Management Agency of the United States Department of Agriculture. FCIC manages the federal crop insurance program, which provides U.S. fa ...
External links
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Farm Credit System Insurance Corporationin the
Federal Register
Farm Credit System
Corporations chartered by the United States Congress
Government-owned companies of the United States
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