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OK SR70

Resolution

Status

Passed

5/12/2016

Primary Sponsor

Ron Justice

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Farm Credit was established by Congress in 1916 and serves as one of the nation's oldest financial institutions dedicated to supporting farmers and ranchers.

  • The Farm Credit System is the only major agricultural lender that is locally owned and operated, with borrowers serving as members who elect the board of directors.

  • Farm Credit provides financing and financial services to farmers, ranchers, cooperatives, and agribusinesses in Oklahoma through its Young, Beginning and Small Farmer and Rancher Program.

  • The Oklahoma State Senate recognizes and commends Farm Credit and five local offices: Farm Credit of Western Oklahoma, Oklahoma AgCredit, Farm Credit of Enid, AgPreference, and American AgCredit for 100 years of service to the agricultural community.

  • A copy of this resolution shall be distributed to AgPreference, American AgCredit, Farm Credit of Western Oklahoma, Farm Credit of Enid, and Oklahoma AgCredit.

Legislative Description

A resolution recognizing and commending Farm Credit and certain local offices for 100 years of support and service to the agricultural community; and directing distribution.

Last Action

Enrolled, filed with Secretary of State

5/12/2016

Full Bill Text

No bill text available