S. -- , a Bill to Reduce Permanently the Interest Rates on Federal Land Bank and Land Banks Commissioner Loans; to Relieve Federal Land Bank Borrowers of Joint-stock Liability; to Place the Federal Land Banks on a Self-supporting Basis, through the Refunding and Guaranty of their Bonds and the Reduction of their Administrative Overhead; to Increase Farmer Participation in the Administration of the Federal Land Banks by Granting Additional Functions and Responsibilities to National Farm-loan Associations and County Committees of Farmers; to Provide for the Adjustment and Refinancing of Farm-mortgage Debts; to Limit the Institution of Foreclosure Proceedings and the Taking of Deficiency Judgments; and for other Purposes.
Farm Credit Act of 1940, text.