### Question
Can you define what qualified agricultural loan means?


### Answer
**Qualified agricultural loan** is defined as the following in *12 U.S.C. § 1823*:

> a loan made to finance the production of agricultural products or livestock in the United States, a loan secured by farmland or farm machinery, or such other category of loans as the appropriate Federal banking agency may deem eligible

#### Citation:
  - *12 U.S.C. § 1823*
  - Heading: **CHAPTER 15-FEDERAL LOAN AGENCY**

