legal · go-v.org

Lending objective.

CFR · 2024-01-01 · US · Title 12

It is the objective of each bank and association, except for banks for cooperatives, to provide full credit, to the extent of creditworthiness, to the full-time bona fide farmer (one whose primary business and vocation is farming, ranching, or producing or harvesting aquatic products); and conservative credit to less than full-time farmers for agricultural enterprises, and more restricted credit for other credit requirements as needed to ensure a sound

official document · source cfr-2024 · id 12:§ 613.3005