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Home » US Law » 2022 North Carolina General Statutes » Chapter 122D - North Carolina Agricultural Finance Act

§ 122D-7 – Purchases and sales of agricultural loans.

122D-7. Purchases and sales of agricultural loans. The Authority may purchase or contract to purchase and sell or contract to sell agricultural loans made by lending institutions. All lending institutions are hereby authorized to purchase and sell agricultural loans to the Authority in accordance with the provisions of this Chapter and the rules and regulations […]

§ 122D-8 – Loans to and deposits with lending institutions.

122D-8. Loans to and deposits with lending institutions. The Authority may make, or contract to make, loans to and deposits with lending institutions. All lending institutions may borrow funds and accept deposits from the Authority in accordance with the provisions of this Chapter and the rules and regulations of the Authority. The Authority shall require […]

§ 122D-9 – Insurance of agricultural loans.

122D-9. Insurance of agricultural loans. (a) The Authority may insure and reinsure agricultural loans made by lending institutions, subject to the terms, conditions, limitations, collateral and security provisions, and reserve requirements as shall be determined by the Authority in accordance with the rules adopted by the Authority. (b) Unless otherwise determined by the Authority, insurance […]