### Question
What is the definition of eligible financial institution?


### Answer
The definition of **eligible financial institution** is as follows in *7 U.S.C. § 1981*:

> a financial institution with substantial experience in farm, ranch, or aquaculture lending that is regulated by the Comptroller of the Currency, the Farm Credit Administration, or a similar regulatory body

#### Citation:
  - *7 U.S.C. § 1981*
  - Heading: **CHAPTER 49-CONSULTATION ON AGRICULTURAL PROGRAMS > SUBCHAPTER IV-ADMINISTRATIVE PROVISIONS**

