12 U.S.C. § 1020c-1
EDITORIAL NOTES
CODIFICATIONSection, act June 4, 1956, ch. 355, title IV, 70 Stat. 240, which limited the aggregate amount of bonds issued and outstanding, was from the Department of Agriculture and Farm Credit Administration Appropriation Act, 1957, and was not repeated in subsequent appropriation acts.
STATUTORY NOTES AND RELATED SUBSIDIARIES
SIMILAR PROVISIONSSimilar provisions to section 1020c-1 of this title were contained in the following acts:May 23, 1955, ch. 43, title IV, 69 Stat. 62. June 29, 1954, ch. 409, title IV, 68 Stat. 318.July 28, 1953, ch. 251, title II, 67 Stat. 222.July 5, 1952, ch. 574, title II, 66 Stat. 353.Aug. 31, 1951, ch. 374, title III, 65 Stat. 244.Sept. 6, 1950, ch. 896, Ch. VI, title II, 64 Stat. 678.June 29, 1949, ch. 280, title II, 63 Stat. 347.June 30, 1948, ch. 773, title II, 62 Stat. 1191.
- credit
- The term "credit" means the right granted by a person to a consumer to defer payment of a debt, incur debt and defer its payment, or purchase property or services and defer payment for such purchase.