---
kind: "section"
citation: "12 U.S.C. § 2017"
title: "12"
title_heading: "Banks and Banking"
number: "2017"
heading: "Eligibility"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/12/2017"
units:
  - "Chapter 23 — Farm Credit System"
  - "Subchapter I — Farm Credit Banks"
---

# §2017. Eligibility


The [credit](/usc/12/5481.md?p=7) and financial services authorized in this subchapter may be made available to [persons](/usc/12/5481.md?p=19) who are or become stockholders or members of the bank or associations in the district, and who are—

- (1) bona fide farmers, ranchers, or producers or harvesters of aquatic products;
- (2) [persons](/usc/12/5481.md?p=19) furnishing to farmers and ranchers farm-related services directly related to their on-farm operating needs; or
- (3) owners of rural homes.

## Source credit

(Pub. L. 92–181, title I, § 1.9, as added Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1626.)

## Notes

### Editorial Notes

### Prior Provisions

A prior section 2017, Pub. L. 92–181, title I, § 1.9, Dec. 10, 1971, 85 Stat. 586; Pub. L. 96–592, title I, § 106, Dec. 24, 1980, 94 Stat. 3438; Pub. L. 100–233, title IV, § 426, title VIII, § 802(d), Jan. 6, 1988, 101 Stat. 1657, 1710; Pub. L. 100–399, title IV, § 412, title VII, § 701, Aug. 17, 1988, 102 Stat. 1004, 1006, related to security, prior to the general amendment of this subchapter by Pub. L. 100–233, § 401.

### Statutory Notes and Related Subsidiaries

### Effective Date

Pub. L. 100–233, title IV, § 401, Jan. 6, 1988, 101 Stat. 1622, provided that this section is effective 6 months after Jan. 6, 1988.