12 U.S.C. § 2277a — Definitions
Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
As used in this part:
- (1)Board of DirectorsThe term “Board of Directors” means the Board of Directors of the Corporation.
- (2)CorporationThe term “Corporation” means the Farm Credit System Insurance Corporation established in section 2277a–1 of this title.
- (3)Insured obligationThe term “insured obligation” means any note, bond, debenture, or other obligation issued under subsection (c) or (d) of section 2153 of this title—
- (4)Insured System bankThe term “insured System bank” means any System bank whose participation in notes, bonds, debentures, and other obligations issued under subsection (c) or (d) of section 2153 of this title is insured under this part.
- (5)StateThe term “State” means any of the 50 States, the District of Columbia, any Territory of the United States, Puerto Rico, Guam, American Samoa, the Trust Territory of the Pacific Islands, or the Virgin Islands.