Mergers, Name Changes, and Other Corporate ActivityFCA is responsible for issuing corporate charters to all Farm Credit System institutions. Therefore, when institutions merge, change their names, and make other corporate changes, they must have these actions approved through FCA. Note: FCA views an Agricultural Credit Association (ACA) and its Production Credit Association (PCA) and Federal Land Credit Association (FLCA) subsidiaries as a single entity for most regulatory purposes. ACA Receives Approval of Proposed Disclosure for Stockholder Vote on Long-Term Lending Authority An affirmative vote by First South ACA’s voting stockholders is required. Congress provided this new authority as part of the 2008 farm bill. Currently, First South ACA and its FLCA subsidiary may only make long-term loans in one county in the ACA’s chartered territory. Pending Applications Additional Information
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