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The statute vests “functions, powers, and duties” in the Farm Credit Administration, but it does not specify particular regulatory tasks. The agency is granted broad authority to define its internal structure and processes, which falls under general authority.

The statute (12 U.S.C. § 2241) establishes the Farm Credit Administration. The regulation (12 CFR Part 600) defines its organization and functions. Defining the agency’s organization and function is directly mandated by the establishment of the agency itself.

While 12 U.S.C. § 2214 doesn’t itself delegate any authority, it operates in conjunction with the rest of the Farm Credit Act. The regulations under 12 CFR Part 614 derive their authority from numerous sections of the Farm Credit Act, as explicitly stated in the regulation’s “Authority” section. These sections, however, provide broad authority for regulating loan policies and operations for Farm Credit System institutions. Because no specific regulatory task is identified related to the application of state laws, or the exemptions from state taxation, it falls under the category of General Authority, encompassing a wide range of rulemaking powers within the agricultural finance sector.

The statute, 12 U.S.C. § 2214, specifies that state laws apply to Farm Credit System corporations. It does not directly mandate any specific regulations. However, it authorizes regulations by referencing sections of the Farm Credit Act, which in turn provide the basis for rulemaking related to lending and operations of those corporations, including the extent to which they are exempt from state taxation. The regulation 12 CFR Part 614 implements the Farm Credit Act, including aspects related to loan policies and operations. Therefore, the statute authorizes regulations related to the corporations it governs, but doesn’t mandate them directly.

The statute does not provide specific instructions on regulating leasing activities. Instead, it broadly addresses the application of state laws and certain tax exemptions. The authority for the leasing regulations (12 CFR 616) stems from various sections of the Farm Credit Act including 12 USC 2214, granting the FCA general rulemaking authority over the Farm Credit System. The regulations fill in gaps left by the statute, but without the statute directly instructing them to do so.

The statute addresses the application of state laws to corporations organized under the Farm Credit Act. While it doesn’t directly mandate specific regulations, it authorizes the Farm Credit Administration (FCA) to create regulations concerning leasing activities of Farm Credit System institutions, as evidenced by the listed authority for 12 CFR Part 616 which includes 12 U.S. Code § 2214.

The statute provides specific instructions on what the regulations shall contain, e.g., providing notice that insurance purchases are optional, and the minimum number of insurers that must be available. Even though it uses terms like “appropriate” and “reasonable” it tasks the agency with a specific regulatory goal.

12 U.S.C. § 2218(a)(1) states “The regulations of the Farm Credit Administration governing financially related services…may authorize the sale…of credit or term life and credit disability insurance…” and further elaborates on what “such regulations shall provide.” The statute directly mandates the agency to issue regulations regarding insurance sales.

The statute provides a specific regulatory task, which is to provide the right of first refusal to previous owners of agricultural real estate acquired by the Farm Credit System. It even provides a great degree of specific instructions regarding notice requirements, timelines, and conditions for sale or lease, indicating “specific authority” delegation.

12 U.S.C. 2219a is explicitly listed in the authority section for 12 CFR Part 614, indicating the regulation is directly mandated by the statute.

The statute directly instructs the System institutions on how to proceed when selling or leasing agricultural real estate acquired through foreclosure or voluntary conveyance. The regulation concerns leasing, which is directly mentioned in the statute itself. Therefore, the delegation of authority falls under Specific Authority.

12 U.S.C. § 2219a is listed in the authority section for 12 CFR Part 616. This means that this regulation is directly mandated by the statute.

The statute specifically directs the Farm Credit Administration to regulate and examine the corporations, linking the regulations to the existing regulations governing the organizing banks. Although open-ended, the statute clearly instructs the agency on a specific regulatory task and to regulate them in the same manner as organizing banks.

The statute explicitly states that corporations organized under that part “shall be subject to the same regulation and examination by the Farm Credit Administration as are the organizing bank or banks under this chapter.” This language directly mandates regulation, making it a directly mandated relationship.

The statute directs the Farm Credit Administration to regulate and examine specific corporations (those organized under “this part”) in the same way it regulates and examines organizing banks. This is a specific instruction for regulatory action.

The statute explicitly states that the specified corporations “shall be subject to the same regulation and examination by the Farm Credit Administration as are the organizing bank or banks under this chapter.” This is a direct mandate.

The statute specifically directs the Farm Credit Administration to regulate and examine corporations organized under this part in the same way it regulates and examines organizing banks. This identifies a specific task: regulation and examination, making it a specific authority delegation.

The statute explicitly states that the corporations “shall be subject to the same regulation and examination by the Farm Credit Administration.” This directly mandates regulation.

The statute directs the Farm Credit Administration to regulate and examine corporations organized under this part in the same manner as other banks under this chapter. While the scope of regulation is defined by reference to the regulation of other banks, the task of regulating and examining these specific corporations is clearly and directly instructed, fitting within the “Specific Authority” delegation.

The statute explicitly states that corporations organized under the described part shall be subject to regulation and examination by the Farm Credit Administration, directly mandating the regulatory relationship.

While 12 U.S.C. § 2214 is listed as an authority for 12 CFR Part 611, Part 611 covers a broad array of organizational aspects. 12 U.S.C. § 2214 does not give the agency a “clearly instructed… specific regulatory task”, but rather broadly applies state law. The sections of the Farm Credit Act listed give the agency broad authority.

12 U.S.C. § 2214 dictates the application of state laws to Farm Credit System corporations, which implies a degree of federal oversight. The Farm Credit Administration (likely the agency responsible for 12 CFR Part 611) would need to interpret and potentially implement regulations to ensure consistency with the statute. The statute does not explicitly mandate regulations but authorizes their implementation.

The statute specifically instructs the Farm Credit Administration (FCA) to review and approve or deny applications for federal charters. While the statute uses the term “for good cause” when referencing charter denial, it still provides a specific regulatory task to the FCA regarding the establishment and oversight of these corporations, as well as parameters within which to operate. Therefore, it constitutes a Specific Authority Delegation.

The statute, 12 U.S.C. § 2211, authorizes the Farm Credit Administration (FCA) to approve or deny federal charters for corporations organized by Farm Credit System banks. The statute grants the FCA the power to evaluate the need for the corporation and the proposed articles, giving them discretion to deny the charter “for good cause.” While the statute doesn’t explicitly mandate specific regulations regarding capital adequacy, it implicitly authorizes the FCA to establish regulations regarding the corporations they charter, to ensure financial soundness and adherence to the broader objectives of the Farm Credit System. The regulation appears to be related to the FCA’s responsibilities regarding the system’s safety and soundness, which is authorized but not explicitly mandated by this particular statute.

The statute specifically instructs the Farm Credit Administration to provide for the organization of corporations and approve amendments to charters, under rules and regulations that the agency itself prescribes. While it provides discretion on how the agency accomplishes this task, it clearly and specifically instructs the agency to do so.

The statute explicitly states that the Farm Credit Administration “shall have power, under rules and regulations prescribed by the Farm Credit Administration, to provide for the organization of any corporation chartered under this part…”. This is a direct mandate to issue regulations.

The statute specifically instructs the agency to create rules and regulations to “provide for the organization of any corporation chartered under this part and the territory within which its operations may be carried on, and to approve amendments consistent with this chapter to charters or articles of service corporations.” This is a specific regulatory task, even if the details are left to the agency’s discretion.

The statute explicitly states that the Farm Credit Administration “shall have power, under rules and regulations prescribed by the Farm Credit Administration, to provide for the organization of any corporation chartered under this part…” This language directly mandates the agency to create rules and regulations.

The statute identifies specific regulatory tasks, such as providing for the organization of corporations and approving amendments to charters. It directs the agency to act on these specific items, even if it uses somewhat open-ended language like “under rules and regulations prescribed by the Farm Credit Administration.”

The statute explicitly states that the Farm Credit Administration “shall have power, under rules and regulations prescribed by the Farm Credit Administration, to provide for the organization of any corporation chartered under this part and the territory within which its operations may be carried on, and to approve amendments consistent with this chapter to charters or articles of service corporations.” This directly mandates the agency to create rules and regulations.

While the statute grants the Farm Credit Administration the power to create rules and regulations, it does so in the context of the specific task of “providing for the organization of any corporation chartered under this part…and to approve amendments…”. This focuses the delegated authority on a discrete regulatory matter.

The statute explicitly grants the Farm Credit Administration the power to provide for the organization of corporations and approve amendments to charters under rules and regulations it prescribes. This constitutes a direct mandate to create regulations governing these activities.

The statute specifically instructs the Farm Credit Administration on a regulatory task: reviewing and approving or denying charter applications from Farm Credit System banks. It lays out some criteria, albeit in general terms (“good cause”), for denying the charter. It is a specific task, even if it relies on a degree of agency discretion.

The statute authorizes the Farm Credit Administration (FCA) to approve or deny federal charters for corporations organized by Farm Credit System banks. The statute does not explicitly mandate regulations, but the FCA would likely need to establish rules and procedures for reviewing applications and issuing charters under this section. Therefore, it is authorized but not mandated.

The statute provides specific instructions to the Farm Credit Administration regarding its role in the chartering process. It instructs the agency to review the corporation’s articles, assess the need for the corporation, and approve or deny the charter based on “good cause.” The statute gives the Farm Credit Administration discretion via “good cause” which would fall under Hickman’s definition of Specific Authority delegation.

The statute (12 U.S. Code § 2211) directly mandates the Farm Credit Administration’s (FCA) involvement in the chartering process of corporations organized by Farm Credit System banks. It specifically states that these banks “shall apply for a Federal charter for the corporation by forwarding to the Farm Credit Administration a statement of need and proposed articles.” Further, the statute explicitly grants the FCA the authority to approve or deny the charter “for good cause.” This demonstrates a direct mandate for the FCA to act in a regulatory capacity.

The statute instructs the Farm Credit Administration on a specific regulatory task: reviewing and approving or denying applications for federal charters of corporations organized by Farm Credit System banks. The statute provides specific factors to consider, such as the need for the corporation, the objectives for which it is formed, the powers it will exercise, and the territory it is to serve. The standard “for good cause” implies some level of discretion, but it’s tied to the specific regulatory task outlined by the statute.

The statute authorizes the Farm Credit Administration (FCA) to approve or deny the charter applications of corporations organized by Farm Credit System banks. While it grants this power, it doesn’t mandate specific regulations. The FCA can exercise its judgment within the bounds of the statute.

The statute gives the Farm Credit Administration the specific regulatory task of reviewing and approving or denying the federal charter applications of these corporations. It even outlines factors the agency should consider by saying that it may deny the charter for “good cause.” This level of detail and specific task assignment makes it a specific authority delegation.

The statute explicitly authorizes Farm Credit System banks to organize corporations and outlines the process for obtaining a federal charter from the Farm Credit Administration. The regulations in 12 CFR Part 616 specifically address the leasing activities of these corporations, which is a function directly related to the powers granted to the organizing banks under the original chapter the statute mentions, thus a direct mandate.

The statute specifically instructs the Farm Credit Administration (FCA) on the regulatory task of reviewing and approving or denying charter applications for corporations formed by Farm Credit System banks. While the standard “for good cause” provides some discretion, it is not an unlimited or unguided delegation. The statute provides a framework and outlines the necessary application contents, indicating a more specific delegation of authority.

The statute authorizes the Farm Credit Administration (FCA) to approve or deny the charter applications of corporations formed by Farm Credit System banks. This is a specific area where the statute grants authority to the FCA, but it does not mandate any particular regulation. The statute provides the FCA with discretion, as it can deny the charter “for good cause.”

While 12 U.S.C. § 2206a doesn’t explicitly instruct the Farm Credit Administration (FCA) to regulate “leasing,” it grants the agency the power to authorize higher lending limits under regulations. In this sense, the statute specifically addresses a regulatory task related to loan participations and risk management and provides the means for the FCA to make rules based on their financial discretion.

12 U.S.C. § 2206a grants authority to Farm Credit Banks and direct lender associations to participate in loans to “similar entities.” The statute outlines specific conditions and limitations on this authority. The Farm Credit Administration (FCA) has used this authority to issue regulations regarding leasing practices, including defining terms, setting limits, and establishing underwriting standards, as evident in 12 CFR Part 616. The statute does not directly mandate specific regulatory actions but authorizes the FCA to issue regulations related to loan participation and related activity, which the FCA has then exercised in the form of the rules regarding leasing.

While the statute uses relatively open-ended terms like “sound and constructive credit,” it provides a specific regulatory task – the creation and implementation of programs targeted towards young, beginning, and small farmers and ranchers. It also outlines how these programs should operate in coordination with other institutions and specifies the reporting requirements, making it a specific rather than a general delegation.

The statute explicitly states that associations “shall prepare a program” and outlines the requirements for that program, making the relationship directly mandated. Furthermore, the statute mentions the Farm Credit Administration (FCA), to whom the Farm Credit Bank must provide annual reports, indicating that the statute intends for the FCA to be involved in overseeing the programs.

The statute directs the Farm Credit Administration to gather information on programs for young, beginning, and small farmers and ranchers, suggesting a specific goal related to ensuring credit availability to this demographic. This falls under Specific Authority because it instructs an agency on a specific task, even if “reasonable” or “necessary” are not explicitly used.

12 U.S.C. § 2207 is explicitly listed in the authority section for 12 CFR Part 620, meaning the regulation is directly mandated by the statute.

The statute instructs the lending institutions of the Farm Credit System to “implement measures to safeguard the voting process for the protection of the right of stockholders (or subscribers) to a secret ballot.” This provides a specific regulatory task related to the method of voting.

The statute (12 U.S. Code § 2208) explicitly addresses voting procedures in Farm Credit System lending institutions. The regulation (12 CFR Part 611), specifically Subpart C””Election of Directors and Other Voting Procedures, deals with the same subject matter. Given that the regulation includes sections detailing voting procedures and the statute mandates specific requirements for those procedures, it can be inferred that the regulation is directly mandated by the statute.