1229

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Amendment Number
1229
Purpose
To provide that no institution of the Farm Credit System may require any borrower to provide additional collateral if the borrower is current on the loan, and prohibits the bringing of any foreclosure action as a result of the failure to provide additional collateral.
Congress
100
Type
SAMDT
Latest Action Date
Dec 2, 1987
Latest Action Text
Amendment SP 1229 agreed to in Senate by Voice Vote.
Proposed Date
Dec 2, 1987
Submitted Date
Dec 2, 1987
Chamber
Senate
Update Date
Aug 14, 2021
Amendment 1229 — Informed