Any organization other than State banks, trust companies, and savings associations
shall, as a condition precedent to securing discount privileges with a bank of the
Farm Credit System, file with such bank its written consent to examination by farm
credit examiners as may be directed by the Farm Credit Administration; and State
banks, trust companies, and savings associations may be required in like manner to
file a written consent that reports of their examination by constituted State authorities
may be furnished by such authorities upon the request of the Farm Credit Administration.
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