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The statute instructs the Farm Credit Administration on the specific regulatory task of reviewing and approving or denying charter applications from Farm Credit System banks, based on stated criteria (“good cause”). While “good cause” is somewhat open-ended, it still fits within Hickman’s definition of specific authority.

The statute directly mandates the Farm Credit Administration to approve or deny federal charters for corporations organized by banks of the Farm Credit System.

The statute clearly instructs the Farm Credit Administration on a specific regulatory task: ensuring a choice of two nominees for each elective office and representation of all types of agriculture in the bank board. It defines the specific regulatory objective.

The statute explicitly states, “Regulations of the Farm Credit Administration governing the election of bank directors shall similarly assure a choice of two nominees for each elective office to be filled and that the bank board represent as nearly as possible all types of agriculture in the district.” This is a direct mandate for the agency to create regulations on a specific topic.

The statute specifically authorizes the Farm Credit Administration to issue regulations regarding the “terms of any loan participated in by two or more Farm Credit System institutions.” Although the terms are broad, the subject matter is specific – regulations pertaining to terms of the inter-institution loans.

The statute 12 U.S.C. § 2206 explicitly states “…authorized under regulations issued by the Farm Credit Administration…” making the relationship directly mandated.

The statute gives the Farm Credit Administration the authority to issue regulations specifically pertaining to the terms of participation loans, including provisions for capitalization. While the specific content of the regulations is left to the agency’s discretion, the statute clearly defines the specific regulatory task (governing terms of participation loans) which aligns with the definition of Specific Authority Delegations.

The statute 12 U.S. Code § 2206 explicitly states that the terms of participation loans “shall be…authorized under regulations issued by the Farm Credit Administration.” This clearly mandates the issuance of regulations by the agency to govern the terms of these loans.

The statute provides specific details and limitations on the loan participation authority, including defining “similar entity” and setting percentage limits on the amount of participation allowed. While it references the Farm Credit Administration’s authority to issue regulations related to higher lending limits, it does so within the context of a clearly defined regulatory task – specifying a higher lending limit.

The statute explicitly authorizes the Farm Credit Administration to issue regulations regarding the “applicable higher lending limit” in subsection (b)(1), indicating that regulation is authorized but not mandated for all aspects of the statute. The overall statutory scheme, allowing banks to participate in loans to similar entities, is explicitly authorized by the statute itself.

The statute specifically instructs the Farm Credit Administration regarding lending limits. It allows for higher lending limits to be authorized by the Farm Credit Administration contingent on stockholder approval. This is a specific regulatory task.

12 U.S.C. § 2206a is explicitly listed as authority for 12 CFR Part 614.

The statute directly instructs “qualified lenders” on specific actions they may not take regarding loan foreclosure, principal reduction, and acceleration, as well as requirements for notifications when placing loans in nonaccrual status. These specific directives fall under the definition of a Specific Authority Delegation.

12 U.S.C. § 2202d is explicitly listed as an authority for 12 CFR Part 617, indicating the regulation is directly mandated by the statute.

12 U.S.C. § 2202d explicitly details borrower protections, including stipulations about foreclosure, principal reduction, and loan status. The agency is given the task of ensuring lenders follow these protections. The delegation of authority is thus “Specific Authority” as it directs the agency to create regulations ensuring specific requirements are met. The agency must create accounting and reporting rules to ensure qualified lenders adhere to requirements set forth in the statute.

The regulation, 12 CFR Part 621, specifically cites 12 U.S.C. § 2202d as part of its authority. This demonstrates that the statute directly mandates or at least authorizes the regulation, making “directly mandated” the most appropriate classification since §2202d outlines very specific requirements.

The statute directly prohibits specific actions by System institutions related to loan conditions and mediation rights. Even though the statute states a prohibition, it clearly delineates a regulatory task or gap regarding borrower rights, fitting the definition of a specific authority delegation. The agency can use its rulemaking authority to further specify and enforce this prohibition.

The statute 12 U.S.C. § 2202e is explicitly listed as an authority for 12 CFR Part 614, meaning the regulation is authorized by the statute. However, the statute itself does not mandate any specific regulation; rather, it sets a condition that no system institution may make a loan contingent on waiving mediation rights. Therefore, the regulation is authorized but not mandated.

While the statute itself is a direct prohibition, the inclusion of 12 U.S.C. § 2202e as authority for the leasing regulations suggests the agency is interpreting its broader statutory mandate (related to the Farm Credit System) as requiring regulations that ensure these institutions do not circumvent the prohibition on waiving mediation rights through leasing agreements. This is a specific regulatory task, which directly influences leasing frameworks as indicated in the regulation’s subject, that stems from a potential gap which would arise in the absence of specific authority delegation, thus qualifying it as specific authority delegation.

12 U.S.C. § 2202e is listed as an authority for 12 CFR Part 616. This indicates that the regulation is authorized by the statute, but the statute doesn’t specifically mandate the creation of this specific regulation about leasing. The regulation broadly covers leasing activities, and the statute relates to a specific prohibition within lending activities, meaning that the relationship is that the former is authorized by the latter.

The statute directly instructs the agency (impliedly, the Farm Credit Administration) on a specific regulatory task: preventing System institutions from requiring borrowers to waive their mediation rights. This is a targeted directive addressing a specific potential abuse in the lending process.

12 CFR Part 617, specifically Subpart E, directly relates to and implements the provisions regarding State Agricultural Loan Mediation Programs, which includes the waiver of mediation rights addressed in 12 U.S.C. § 2202e. The statute is explicitly listed as authority for the regulation.

While 12 U.S.C. § 2202b doesn’t explicitly direct rulemaking on capital adequacy, it specifically addresses the impact of loan restructuring on borrower stock within Farm Credit Banks and Production Credit Associations, which has a direct bearing on the institution’s capital structure and risk profile. This specific focus on the relationship between loan forgiveness, borrower stock, and capitalization falls under a specific instruction related to capital adequacy.

12 U.S.C. § 2202b is explicitly listed in the authority section of 12 CFR Part 628, making the relationship directly mandated.

While 12 U.S.C. § 2202c itself is repealed, its inclusion as an authority for the regulation, and the description of the statute relating to review of restructuring denials and establishment of a National Special Asset Council suggests that the regulation is rooted in the statute’s direction, even if indirect due to its repealed status. The statute provides instruction on a specific regulatory task, fitting the definition of a Specific Authority Delegation.

The statute, 12 U.S.C. § 2202c, is explicitly listed as an authority for 12 CFR Part 616. This means the statute authorized the regulation, but the regulation was not directly mandated by the now repealed statute.

The statute specifically related to the review of restructuring denials and the establishment of a National Special Asset Council. While broad authority might be argued because the statute’s goals are lofty, the regulatory task is still quite specific, falling squarely into the “Specific Authority” delegation category, since it provides relatively targeted instruction to the agency regarding restructuring denials and asset council establishment.

12 U.S.C. § 2202c is listed as an authority for 12 CFR Part 617. Although the statute was repealed, it was in effect when the regulation was promulgated and authorized the agency to take actions related to review of restructuring denials and establishment of a National Special Asset Council. Therefore, the relationship is authorized but not mandated, since the agency chose to create regulations within the scope of the now repealed statute’s authorization.

The statute explicitly outlines specific requirements and prohibitions regarding lending practices, such as foreclosure, principal reduction, and loan status notifications. These are not general directives but targeted instructions, fitting Hickman’s “Specific Authority Delegations” category.

12 U.S.C. § 2202d is listed within the “Authority” section of 12 CFR Part 614. This indicates that the regulation is authorized by the statute, but the statute itself does not directly mandate the regulation.

The statute directly instructs qualified lenders regarding permissible actions related to foreclosure, principal reduction, loan acceleration, and the placing of loans in nonaccrual status. The statute lays out specific directives and prohibitions, fitting the definition of a specific authority delegation.

12 U.S.C. § 2202d is explicitly listed in the “Authority” section of 12 CFR Part 616, indicating that the regulation is directly mandated by the statute.

The statute clearly instructs the Farm Credit Administration to ensure compliance with the specific requirements of section 2202a regarding the restructuring of distressed loans. The language allows the agency to develop specific mechanisms to ensure policy implementation.

12 U.S. Code § 2202a (g)(3) states, “Each bank board shall submit the policy of the district governing the treatment of distressed loans under this section to the Farm Credit Administration.” and subsection (h) states “The Farm Credit Administration may issue a directive requiring compliance with any provision of this section to any qualified lender that fails to comply with such provision.”. This demonstrates a direct mandate for the Farm Credit Administration to regulate in this area.

12 USC 2202a(h) says “The Farm Credit Administration may issue a directive requiring compliance with any provision of this section to any qualified lender that fails to comply with such provision.” While the statute focuses on loan restructuring, this provision gives the FCA specific authority to issue directives (which can be interpreted as a form of rulemaking) to ensure compliance with any part of the section. This aligns with Hickman’s “Specific Authority” delegation because the statute identifies a clear regulatory task: ensuring lender compliance with distressed loan restructuring procedures. The scope is cabined to compliance, but it exists.

The statute, 12 U.S. Code § 2202a, discusses the restructuring of distressed loans and mentions the Farm Credit Administration (FCA) in subsection (g)(3) regarding the submission of restructuring policies and in subsection (h) regarding compliance directives. While the statute doesn’t explicitly mandate specific regulations on leasing, it authorizes the FCA to oversee the lending practices of qualified lenders, which could reasonably include regulations related to leasing as a form of financing. It also authorizes the FCA to ensure compliance with the statute’s provisions, including those related to restructuring policies.

The statute explicitly instructs the Farm Credit Administration (FCA) on a specific regulatory task, which is to ensure compliance with the distressed loan restructuring provisions outlined in the statute by qualified lenders. The statute also requires banks to develop policies consistent with the statute and to submit these policies to the FCA. In addition, the statute explicitly grants authority to the Farm Credit Administration to issue directives requiring compliance. The FCA, under 12 U.S.C. § 2202a (h), is empowered to issue directives to ensure lenders adhere to the law, which clearly instructs on a specific regulatory task.

12 CFR Part 617, specifically subparts E and F, directly implement the requirements of 12 U.S.C. § 2202a regarding distressed loan restructuring. The Authority section of 12 CFR Part 617 explicitly lists 12 U.S.C. § 2202a as one of the statutory authorities for the regulation.

The statute directs the Farm Credit Administration to issue directives requiring compliance with the section. It is very specific and does not provide the agency with wide latitude in rulemaking.

The regulation 12 CFR Part 621 specifically cites 12 U.S.C. 2202a as one of its authorities, meaning the regulation is directly mandated by the statute.

12 U.S.C. § 2202b dictates a specific action related to borrower stock when a Farm Credit Bank or Production Credit Association forgives debt. This is a clearly defined regulatory task and therefore aligns with Specific Authority delegation.

The statute, 12 U.S. Code § 2202b, is listed in the authority section of 12 CFR Part 615, directly mandating the regulation.

The statute gives a specific directive to qualified lenders to establish credit review committees and outlines the process for reconsideration of loan decisions. The delegation is specific in that it prescribes what the agency must do (establish committees, implement review processes), how to do it (farmer board representation, independent appraisals), and when to do it (within specified timeframes after notice of denial or reduction).

12 U.S.C. § 2202 directly mandates the establishment and operation of credit review committees by qualified lenders. The statute provides specific requirements regarding the composition, responsibilities, and procedures of these committees. The statute uses language that compels action, e.g., “shall establish”.

The statute specifies requirements for the establishment and operation of credit review committees, including membership criteria, review procedures for loan denials and restructurings, appraisal processes, and notification requirements. These are specific regulatory tasks.

12 U.S.C. § 2202 is explicitly listed as an authority for 12 CFR Part 614. This indicates the regulation is directly mandated by the statute.

While Part 616 governs leasing, which is related to the types of loans governed by 12 USC 2202, the statute itself, 12 USC 2202, outlines specific procedures related to reconsideration of loan application denials. It dictates who can request a review, how it’s handled, what is considered, etc. Although 12 CFR 616 does not exclusively regulate reconsideration procedures, a part of it, in conjunction with other regulations, serves to define and regulate the way in which the Farm Credit Administration oversees reconsideration of loan denials, specifically, but not exclusively, within the leasing context. The statute specifically outlines requirements and procedures for credit review committees, independent appraisals, and borrower notification, demonstrating Congressional intent to directly influence agency action and indicating a narrower, more specific directive than broad general rulemaking.

12 U.S.C. § 2202 outlines the process for reconsideration of loan decisions by qualified lenders, including the establishment of credit review committees and procedures for independent appraisals. While it mandates certain actions by lenders, it does not directly mandate the specific regulations in 12 CFR Part 616. The statute authorizes the agency (Farm Credit Administration) to implement regulations related to leasing, as leasing is a form of lending, but it doesn’t explicitly mandate these particular rules.

The statute clearly instructs the qualified lenders to establish credit review committees, outlines their membership requirements, describes the process for review of loan denials and restructurings, and specifies borrower rights related to appraisals and notifications. These are specific regulatory tasks.

12 U.S.C. § 2202 is explicitly listed in the Authority section of 12 CFR Part 617. This means the regulation is directly mandated by the statute.