Louisiana Federal Land Bank Ass'n, FLCA v. Farm Credit Administration
Court of Appeals for the D.C. Circuit
1Opinion of the Court
Opinion for the Court filed by Chief Judge GINSBURG.
GINSBURG, Chief Judge:
The Farm Credit Administration promulgated a rule eliminating geographical restrictions upon certain activities of lenders within the Farm Credit System, and thereby put them into competition with each other. The plaintiffs-appellants - lenders within the System - challenged the rule in district court, claiming it conflicted with the Farm Credit Act and with a 1992 Amendment thereto, and that the FCA promulgated the rule in violation of the procedural requirements of the Administrative Procedure Act. The district court,…
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