Federal Farm Loan Act
United States federal law / From Wikipedia, the free encyclopedia
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The Federal Farm Loan Act of 1916 (Pub. L.Tooltip Public Law (United States) 64–158, 39 Stat. 360, enacted July 17, 1916) was a United States federal law aimed at increasing credit to rural family farmers. It did so by creating a federal farm loan board, twelve regional farm loan banks and tens of farm loan associations. The act was signed into law by President of the United States Woodrow Wilson.
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Other short titles | Federal Farm Loan Act of 1916 |
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Long title | An Act to provide capital for agricultural development, to create standard forms of investment based upon farm mortgage, to equalize rates of interest upon farm loans, to furnish a market for United States bonds, to create Government depositaries and financial agents for the United States. |
Enacted by | the 64th United States Congress |
Effective | July 17, 1916 |
Citations | |
Public law | 64-158 |
Statutes at Large | 39 Stat. 360 |
Legislative history | |
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