HR 4732 · 101th Congress · Agriculture and Food

To amend the Farm Credit Act of 1971 to allow borrowers to bring actions against institutions of the Farm Credit System in the Federal courts.

Introduced 1990-05-03· Sponsored by Rep. Nagle, Dave R, [D-IA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Conservation Credit and Rural Development.(1990-05-08)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Farm Credit Act of 1971 to permit a Farm Credit System borrower to bring an action against a System institution in U.S. district court, without regard to the amount in controversy. Provides for injunctive relief and up to $1,000 in damages.…

Summarized by Claude AI · Non-partisan · For informational purposes only