Profiles of Existing Government Corporations - US Government ...

198
NANE: Production Credit AbbOCiatiOn8 (PCAS)
ml?Pom: PCAa (The AgricUltUral Credit Act of 1987 calls for
merging PCAa and FLBAa.) make, guarantea or participate with
other landers in short and intarmediata term loans and other
similar financial aaaiatance to farmers, ranchers, rural
homeowners, selected farm-related buainaaaaa, and commercial
fishormon. PCAa provide technical aaaiatance to borrowers,
applicants, and members and may rake available to tham financral
related services appropriate to their on-farm and aquatic
operations.
LEGAL AUTNORITY: 12 U.S.C. 2091-2098
2151-2260
DATRCREXPRD: June 16, 1933a
LRGISLATRD TRRUINATION DATR: Succession until dissolved by an
act of Congress
LEGAL STATUS: Not specified in the enabling legialationb
AGENCY STATUS: Not apecifiad in the enabling legislation
aOARD01DIRECTDRS: Not applicablac
ADVISORY BOARD IIblBHI8: Not applicable
PARQJT AGENCY: None apacifiad in enabling legislation
AFFIIzATRDAG~cIRS: The l xacutive departmenta, commiaaiona and
independent l atabliahmonta of the U.S. government, the Federal
Deposit Insurance Corporation, tha Comptroller of the Currency,
the Board of Governors of the Federal RaaaNa Syatu and the
Federal Raaanfa Banks are authorisad to make availabla upon the
Farm Credit Adminiatration~a (FCA) reguaat, to FCA or any
institution of the Farm Credit Sy8tam, all reports, records, or
other information on conditions of any organization racaiving
loans or deposits from such Farm Credit Institution.
BUDXT STATUS: Excluded from the federal budget totals.
TREASURY STATUS: None apocified in the enabling legimlation
RBPORTING STATUS: None l pecifiad in the enabling lagialation
LXTIGATION STAlUS : FCAa have the paver to sue and be sued. No
information is available regarding lawsuita.
--t
;I
1