### Question
Can you define what qualifying insured System bank means?


### Answer
**Qualifying insured System bank** is defined as the following in *12 U.S.C. § 2277a*:

> any insured System bank that—


(i) is in receivership

#### Citation:
  - *12 U.S.C. § 2277a*
  - Heading: **CHAPTER 22-TYING ARRANGEMENTS > SUBCHAPTER V-FARM CREDIT ADMINISTRATION ORGANIZATION > Part E-Farm Credit System Insurance Corporation**

