Legal Opinion
Colorado Springs Production Credit Ass'n v. Farm Credit Administration
District Court, District of Columbia
Decided July 18, 1988No. Civ. A. 88-0574, 88-0583 and 88-0584PublishedCited by 2 opinions
1Opinion of the Court
MEMORANDUM OPINION
JOYCE HENS GREEN, District Judge.
Plaintiffs, several production credit asso ciations (“PCAs”), 1 chartered under the Farm Credit Act of 1971, as amended, and operating under 12 U.S.C. § 2091, challenge as unconstitutional Section 201-6.29 of the Agricultural Credit Act of 1987, which requires PCAs to make a one-time purchase of “stock” from defendant Farm Credit System Financial Assistance Corporation (“FAC”) in an aggregate amount of $177 million. This matter now comes before the Court on defendants’ 2 motion to dismiss for lack of jurisdiction and for failure to state a…
2Cases cited18 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Warth v. SeldinSupreme Court of the United States · 1975
- Valley Forge Christian College v. Americans United for Separation of Church and State, Inc.Supreme Court of the United States · 1982
- Penn Central Transportation Co. v. New York CitySupreme Court of the United States · 1978
- Duke Power Co. v. Carolina Environmental Study Group, Inc.Supreme Court of the United States · 1978
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3Cited by2 opinions
- Colorado Springs Production Credit Ass'n v. Farm Credit AdministrationDistrict Court, District of Columbia · 1991
- Benitez v. DzurendaDistrict Court, D. Nevada · 2020