### Question
How is the "institution" defined?


### Answer
The term **institution** is defined in *12 U.S.C. § 2162* as follows -

> a bank or association chartered under this chapter

#### Citation:
  - *12 U.S.C. § 2162*
  - Heading: **CHAPTER 23-FARM CREDIT SYSTEM > SUBCHAPTER IV-PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEM > Part A-Funding**

