### Question
How does Farm Credit System Insurance Corporation define qualifying insured System bank?


### Answer
Under *12 U.S.C. § 2277a*, **qualifying insured System bank** is defined as:

> any insured System bank that—


(i) is in receivership

#### Citation:
  - *12 U.S.C. § 2277a*
  - Heading: **CHAPTER 23-FARM CREDIT SYSTEM > SUBCHAPTER V-FARM CREDIT ADMINISTRATION ORGANIZATION > Part E-Farm Credit System Insurance Corporation**

