Farm Credit Act Amendments and Producer Referendum Act of 1985

[AI summary unavailable — showing source text] Farm Credit Act Amendments and Producer Referendum Act of 1985 - Title I: Provisions to Strengthen the Operation of Farm Credit System Lending Institutions - Amends Part A of title IV of the Farm Credit Act of 1971 to merge specified revolving funds and make such funds available to the Farm Credit Administration (FCA) for the purchase on behalf of the United States of stock in the Farm Credit System Capital Corporation (established by this Act). Replaces existing debt-to-capital provisions with authority to maintain adequate capital in Farm Credit System (FCS) institutions. Empowers the FCA to appoint a receiver or conservator for an FCS institution in situations of: (1) insolvency; (2) substantial asset dissipation; (3) unsound conditions; (4) willful violation of a final cease and desist order; or (5) concealment of records. Provides for the charter of a new Farm Credit System Capital Corporation (Corporation) within 60 days. Makes such Corporation a federally chartered instrumentality of the United States and an FCS institution. Directs the Corporation to provide financial and technical assistance to financially-troubled FCS institutions. Sets forth related operating and adminis…