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12 USC § 2020 - Related services

---
identifier: "/us/usc/t12/s2020"
source: "usc"
legal_status: "official_prima_facie"
title: "12 USC § 2020 - Related services"
title_number: 12
title_name: "BANKS AND BANKING"
section_number: "2020"
section_name: "Related services"
chapter_number: 23
chapter_name: "FARM CREDIT SYSTEM"
subchapter_number: "I"
subchapter_name: "FARM CREDIT BANKS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 92–181, title I, § 1.12, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1628; amended Pub. L. 100–399, title IV, § 401(k), Aug. 17, 1988, 102 Stat. 996; Pub. L. 101–220, § 6(b)(1), (2), Dec. 12, 1989, 103 Stat. 1880; Pub. L. 104–105, title II, § 215(a)(2)(C), Feb. 10, 1996, 110 Stat. 176; Pub. L. 107–171, title V, § 5403(a)(2)(A), May 13, 2002, 116 Stat. 350; Pub. L. 110–234, title V, § 5401(a), May 22, 2008, 122 Stat. 1154; Pub. L. 110–246, § 4(a), title V, § 5401(a), June 18, 2008, 122 Stat. 1664, 1915.)"
---

# § 2020. Related services

**(a)** **In general** The Farm Credit Banks may provide technical assistance to borrowers, members, and applicants from the bank and associations in the district, including persons obligated on paper discounted by the bank, and may make available to them at their option such financial related services appropriate to their on-farm and aquatic operations as determined to be feasible by the board of directors of the bank, under regulations of the Farm Credit Administration.

**(b)** **Authority to pass along cost of insurance premiums**

**(1)** **In general** section 2279b of this titlesection 2015(b)(1)(B) of this title

Each Farm Credit Bank may assess each production credit association, other association making direct loans under the authority provided under , and other financing institution described in  in the district in which the bank is located to cover the costs of making premium payments under part E of subchapter V.

**(2)** **Computation** The assessment on any association or other financing institution described in paragraph (1) for any period shall be computed in an equitable manner, as determined by the Corporation.

---

**Source Credit**: (Pub. L. 92–181, title I, § 1.12, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1628; amended Pub. L. 100–399, title IV, § 401(k), Aug. 17, 1988, 102 Stat. 996; Pub. L. 101–220, § 6(b)(1), (2), Dec. 12, 1989, 103 Stat. 1880; Pub. L. 104–105, title II, § 215(a)(2)(C), Feb. 10, 1996, 110 Stat. 176; Pub. L. 107–171, title V, § 5403(a)(2)(A), May 13, 2002, 116 Stat. 350; Pub. L. 110–234, title V, § 5401(a), May 22, 2008, 122 Stat. 1154; Pub. L. 110–246, § 4(a), title V, § 5401(a), June 18, 2008, 122 Stat. 1664, 1915.)

## Editorial Notes

### Codification

and  made identical amendments to this section. The amendments by  were repealed by .

### Prior Provisions

A prior section 2020, .12, , ; , , , related to loans through associations or agents, prior to the general amendment of this subchapter by .

### Amendments

2008—Subsec. (b). , designated first sentence as par. (1), inserted heading, added par. (2), and struck out former second sentence which related to computation of the assessment on the same basis as is used to compute the premium payment and provided formula to calculate a maximum amount.

2002—Subsec. (b)(1). , inserted “and Government Sponsored Enterprise-guaranteed loans (as defined in ) provided for in paragraph (4)” after “government-guaranteed loans (as defined in ) provided for in paragraph (3)”.

Subsec. (b)(4). –(iv), added par. (4).

1996—, which directed amendment of “section 1.12(b)”, without specifying the name of the Act being amended, was executed to this section, which is section 112 of the Farm Credit Act of 1971, to reflect the probable intent of Congress.

Subsec. (b)(1). , inserted “(as defined in )” after “government-guaranteed loans”.

Subsec. (b)(3). , inserted “(as so defined)” after “government-guaranteed loans” in subpars. (A) and (B).

1989—Subsec. (b). , inserted “, other association making direct loans under the authority provided under ,” after “production credit association”.

Subsec. (b)(1). , inserted “funded by or” before “discounted with” and “excluding the guaranteed portions of government-guaranteed loans provided for in paragraph (3),” and struck out “and” after “multiplied by 0.0015;”.

Subsec. (b)(2). , inserted “funded by or” before “discounted with” and substituted “0.0025; and” for “0.0025.”.

Subsec. (b)(3). , added par. (3).

1988—Subsec. (a).  designated existing provision as subsec. (a), inserted heading, substituted “directors of the bank” for “directors of each district bank”, and added subsec. (b).

## Statutory Notes and Related Subsidiaries

### Effective Date of 2008 Amendment

Amendment of this section and repeal of  by  effective , the date of enactment of , see , set out as an Effective Date note under , Agriculture.

### Effective Date of 2002 Amendment

> “The amendments made by this section [amending this section and sections 2277a–4 and 2277a–5 of this title] shall apply with respect to determinations of premiums for calendar year 2002 and for any succeeding calendar year, and to certified statements with respect to such premiums.”

, , , provided that:

### Effective Date of 1989 Amendment

> “The amendments made by subsections (a) and (b) [amending sections 2020, 2277a–4, 2277a–8, and 2277a–10 of this title] shall be effective for insurance premiums due to the Farm Credit System Insurance Corporation under the Farm Credit Act of 1971 (
> 
> et seq.) on or after
> 
> , based on the loan volume of each bank for each calendar year beginning with calendar year 1989, and shall be effective for the calculation of the initial premium payment required under section 5.56(c) of the Farm Credit Act of 1971 (
> 
> ).”

, , , provided that:

### Effective Date of 1988 Amendment

Amendment by  effective immediately after amendment made by , which was effective 6 months after , see , set out as a note under .

### Effective Date

, , , provided that this section is effective 6 months after .