■^■^ Letter of Fred Flanders, Commissioner of 

 Financial Institutions, Montana Department of Commerce, 

 dated April 20, 1987. 



This is based upon information reported by 

 Sheshunoff and Company, Inc., which compiled data from 

 the Federal Reserve Bank Board. 



^^ Letter of Fred Flanders. 



This conclusion is drawn from data showing the 

 amount of agricultural loans as a percent of bank total 

 assets. 



Part II . "Policy and Program Options" 



Montana Department of Agriculture, Montana Crop 

 and Livestock Reporting Service, Montana 1985 Farm 

 Finance Report (February 1986), Supplemental. 



^ See Minn. Stat. § 583.20 through 583.32, and 

 House File 2473, 1986 Iowa Legis. Serv. 



^ Reported in Elizabeth Curry Williams, "Farmers 

 and Creditors Meet in the Middle," Farm Journal 

 (September 1986), p. 29. 



The information reported here was obtained 

 primarily through an informal telephone survey of farm 

 state legislatures and from a review of state statutes. 

 Some of the information, however, is contained in U.S. 

 Department of Agriculture, Cooperative Extension and 

 Agricultural Profitability — Intensive Assistance for 

 Financially Distressed Farmers (November 1985). 



See Iowa Code § 266.36. 



See Kan. Stat. § 74-544 through 74-545. 

 ^ See 1985 N.D. Sess. Laws, Ch. 88. 



See 1985 N.D. Sess. Laws, Ch. 137. 



Montana 1985 Farm Finance Report . 

 10 Ibid. 



6 



Testimony of Senator Ted Neuman to the Joint 

 Interim Subcommittee on Agricultural Problems, 

 March 12, 1986. 



108 



