Statutes are laws that have been enacted by Congress and signed by the President. The principal statute from which FCA derives its authority is the Farm Credit Act of 1971, which has been amended many times over the years.
This statute establishes the oversight, examination, regulatory, and enforcement authorities of FCA over the Farm Credit System. The statute also sets forth the purpose and authorities of all FCS institutions, including Farmer Mac.
Statutes are codified in the U.S. Code, which contains the general and permanent laws of the United States. The Farm Credit Act of 1971, as amended, is classified as 12 U.S.C. §§ 2001–2279cc.
The Statutes database provides access to the text of the Farm Credit Act of 1971, as well as to provisions applicable to FCA from other statutes. For a PDF file of this information, see the FCA Handbook.