@article{Association:336524, recid = {336524}, author = {American Bankers Association}, title = {To be an ACA or not to be (February 2000)}, journal = {Journal of Agricultural Lending}, address = {2000}, year = {2000}, abstract = {One hallmark of the FCS since Congress bailed it out in 1987 has been consolidation within the system. Not only have associations consolidated geographically, but a number of Production Credit Associations have merged with the Federal Land Bank Association or the Federal Land Credit Association serving the PCA's territory to form a new type of entity, an Agricultural credit Association (ACA). The IRS has ruled that ACAs are subject to corporate income taxation, just like a Production Credit Association, even though ACAs do real estate lending.}, url = {http://ageconsearch.umn.edu/record/336524}, }