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Congress responded by enacting the revised
Frazier–Lemke Act and naming it the "Farm Mortgage Moratorium Act" in 1935. The terms were modified to limit the moratorium to a three-year period. The revision also gave secured creditors the opportunity to force a public sale, but the farmer could redeem
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Roosevelt was interested in farm issues and believed that general prosperity would not return until farming was prosperous. Many different programs were directed at farmers. The first 100 days of his presidency produced a federal program to raise farm incomes by raising the prices farmers received,
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Public Law 73-486, 73d
Congress, S. 3580, An Act to amend an Act entitled "An Act to establish a uniform system of bankruptcy throughout the United States", approved July 1, 1898, and Acts amendatory thereof and supplementary thereto. Amending section 75, entitled "Agricultural Compositions and
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farms, amended the previously voluntary
Section 75, and added subsection (s), which delayed foreclosure of a bankrupt farmer's property for five years during which the farmer made rental payments. The farmer could then buy back the property at its currently-appraised value over six years at 1%
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An Act to amend an Act entitled "An Act to establish a uniform system of bankruptcy throughout the United States", approved 1 July 1898, and Acts amendatory thereof and supplementary thereto.
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The U.S. 73rd
Congressional Senate bill S. 3580 was signed into law by the 32nd President of the United States Franklin Roosevelt.
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443:. The Act was ruled unconstitutional because it deprived secured creditors of their property rights, in violation of the
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Credit by Banks and
Persons Other Than Brokers or Dealers for the Purpose of Purchasing or Carrying Margin Stock (Reg U)
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670:. William McChesney Martin, Jr., Papers. Federal Reserve Archival System for Economic Research (FRASER). 28 June 1934
645:. William McChesney Martin, Jr., Papers. Federal Reserve Archival System for Economic Research (FRASER). 7 June 1934
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After expiring in 1938, the act was renewed four times until 1949, when it expired.
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and debates among
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556:. Washington, D.C.: National Archives and Records Service. pp. 331–333.
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passed in the United States in 1934 that restricted the ability of banks to
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The
Frazier–Lemke Farm Bankruptcy Act restricted the ability of banks to
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Financial
Institutions Regulatory and Interest Rate Control Act of 1978
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on 15 June 1934 (passed, in lieu of H.R. 9865) with amendment
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Prohibition
Against the Paying of Interest on Demand Deposits (Reg Q)
590:"Frazier–Lemke Farm Bankruptcy Act: A Dictionary of American History"
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Agricultural Research, Extension, and Education Reform Act of 1998
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The law was challenged, but the Supreme Court upheld the law in
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Extensions" [Frazier–Lemke Farm Bankruptcy Act of 1934]
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Transactions Between Member Banks and Their Affiliates (Reg W)
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Agricultural Trade Development and Assistance Act of 1954
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Wright v. Vinton Branch of Mountain Trust Bank of Roanoke
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Reserve Requirements for Depository Institutions (Reg D)
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Availability of Funds and Collection of Checks (Reg CC)
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Federal Agriculture Improvement and Reform Act of 1996
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Food, Agriculture, Conservation, and Trade Act of 1990
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which was achieved by reducing total farm output. The
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Extensions of Credit by Federal Reserve Banks (Reg A)
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interest or remain in possession as a paying tenant.
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Alien Species Prevention and Enforcement Act of 1992
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Soil Conservation and Domestic Allotment Act of 1936
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Consolidated Farm and Rural Development Act of 1972
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665:"S. 3580: Agricultural Compositions and Extensions"
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714:"Chapter 12: Bankruptcy Relief for Family Farmers"
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343:Congressional Amendments for U.S. Bankruptcy Laws
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586:(no login required to see necessary information)
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1623:History of central banking in the United States
852:Agriculture and Consumer Protection Act of 1973
1434:Unfair or Deceptive Acts or Practices (Reg AA)
882:Farm Security and Rural Investment Act of 2002
2102:United States federal agriculture legislation
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1062:Caribbean Basin Economic Recovery Act of 1983
802:Agricultural Adjustment Act Amendment of 1935
776:United States federal agriculture legislation
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331:passed legislation in June 1934 to amend the
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1803:Federal Deposit Insurance Corporation (FDIC)
1394:Limitations on Interbank Liabilities (Reg F)
1002:Agricultural Marketing Agreement Act of 1937
922:Agricultural Experiment Stations Act of 1887
592:. Blackwell Reference Online. Archived from
152:in the House as S. 3580 on 1 June 1934
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440:Louisville Joint Stock Land Bank v. Radford
207:Louisville Joint Stock Land Bank v. Radford
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491:Federal Declaration of Taking Act of 1931
1397:International Banking Operations (Reg K)
1303:Competitive Equality Banking Act of 1987
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1808:Federal Emergency Relief Administration
1102:Agriculture Risk Protection Act of 2000
1027:Agricultural Fair Practices Act of 1967
932:Agricultural Appropriations Act of 1922
716:. National Bankruptcy Review Commission
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548:Roosevelt, Franklin D. (30 June 1934).
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1425:Borrowers of Securities Credit (Reg X)
268:Agricultural Adjustment Administration
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1414:Credit by Brokers and Dealers (Reg T)
1188:Financial Stability Oversight Council
1168:Federal Deposit Insurance Corporation
1067:Extra-Long Staple Cotton Act of 1983
997:Bankhead-Jones Farm Tenant Act (1937)
927:Agriculture Appropriation Act of 1905
620:"Frazier–Lemke Farm Bankruptcy Act".
571:Collier on Bankruptcy, 8-1200, P 1 b.
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1929:Rural Electrification Administration
1894:Federal Energy Regulatory Commission
1337:Emergency Economic Stabilization Act
1193:National Credit Union Administration
1158:Consumer Financial Protection Bureau
1144:Bank regulation in the United States
1087:National Wool Act Amendments of 1993
456:the sale by paying the same amount.
174:on 18 June 1934 (agreed)
1884:Works Progress Administration (WPA)
1052:Agricultural Adjustment Act of 1980
897:Agriculture Improvement Act of 2018
812:Agricultural Adjustment Act of 1938
56:Federal Farm Bankruptcy Act of 1934
1183:Federal Reserve Board of Governors
797:Agricultural Adjustment Act (1933)
111:Tooltip Public Law (United States)
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1813:Frazier–Lemke Farm Bankruptcy Act
1773:Civilian Conservation Corps (CCC)
1255:Interest Rate Control Act of 1966
972:Agricultural Marketing Act (1929)
481:Chapter 12 of the Bankruptcy Code
365:U.S. Presidential Administration
323:Amendments to U.S. Bankruptcy Law
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33:Frazier–Lemke Farm Bankruptcy Act
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1380:Home Mortgage Disclosure (Reg C)
1375:Equal Credit Opportunity (Reg B)
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952:Wheat Price Guarantee Act (1919)
862:Agriculture and Food Act of 1981
857:Food and Agriculture Act of 1977
842:Food and Agriculture Act of 1965
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1939:United States Housing Authority
1439:Community Reinvestment (Reg BB)
1072:Agricultural Credit Act of 1987
302:The S. 3580 bill was named for
62:Frazier-Lemke Farm-Mortgage Act
1914:National Labor Relations Board
1904:Judicial Procedures Reform Act
1178:Federal Housing Finance Agency
1047:Agricultural Trade Act of 1978
1022:Federal Plant Pest Act of 1957
624:. Jeremy Bonner. Published on
1:
1838:National Youth Administration
1077:Hunger Prevention Act of 1988
992:Commodity Exchange Act (1936)
180:on 18 June 1934 (agreed)
158:on 13 June 1934 (passed)
1899:Farm Security Administration
1613:Banking in the United States
1284:Electronic Fund Transfer Act
1274:Home Mortgage Disclosure Act
792:Federal Farm Loan Act (1916)
53:Farm Mortgage Moratorium Act
1848:Public Works of Art Project
1768:Agricultural Adjustment Act
1470:Federal savings association
1299:Depository Institutions Act
264:Agricultural Adjustment Act
243:Between 1933 and 1936, the
199:United States Supreme Court
83:73rd United States Congress
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1889:Federal Project Number One
1798:Farm Credit Administration
1793:Homeowners Refinancing Act
1778:Civil Works Administration
1279:Community Reinvestment Act
1163:Farm Credit Administration
987:Bankhead–Jones Act of 1935
967:Capper–Volstead Act (1922)
947:Grain Standards Act (1916)
429:The law was challenged by
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2008:
1924:Rural Electrification Act
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1449:Truth in Savings (Reg DD)
1403:Loans to Insiders (Reg O)
1269:Fair Credit Reporting Act
1017:National Wool Act of 1954
957:Future Trading Act (1921)
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937:Cotton Futures Act (1914)
867:Food Security Act of 1985
521:"Surviving the Dust Bowl"
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27:United States federal law
1944:Fair Labor Standards Act
1429:Truth in Lending (Reg Z)
1400:Consumer Leasing (Reg M)
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1246:Federal Credit Union Act
1216:Independent Treasury Act
1007:Federal Seed Act of 1939
962:Grain Futures Act (1922)
892:Agricultural Act of 2014
847:Agricultural Act of 1970
837:Agricultural Act of 1961
832:Agricultural Act of 1956
827:Agricultural Act of 1954
822:Agricultural Act of 1949
817:Agricultural Act of 1948
451:Modification and renewal
1858:Railroad Retirement Act
1737:American Liberty League
1597:Thrift Financial Report
1032:Farm Credit Act of 1971
977:Farm Credit Act of 1933
622:US History Encyclopedia
433:, and by May 1935, the
18:Wright v. Vinton Branch
1327:Gramm–Leach–Bliley Act
333:Bankruptcy Act of 1898
172:agreed to by the House
1960:Franklin D. Roosevelt
1853:Reciprocal Tariff Act
1758:Emergency Banking Act
1458:Types of bank charter
252:Franklin D. Roosevelt
188:Franklin D. Roosevelt
2127:Agricultural finance
2117:1934 in American law
2097:New Deal legislation
1980:Henry Morgenthau Jr.
1828:National Housing Act
1788:Executive Order 6102
1618:Fair debt collection
1592:CAMELS rating system
1317:Truth in Savings Act
1294:Monetary Control Act
1259:Truth in Lending Act
437:reviewed the law in
282:, Lewis C. Gray and
247:in conjunction with
1226:Federal Reserve Act
1151:Federal authorities
413:Franklin Roosevelt
389:Franklin Roosevelt
141:Legislative history
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1818:Glass–Steagall Act
1783:Communications Act
1727:New Deal Coalition
1241:Glass–Steagall Act
353:Date of Enactment
47:Other short titles
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917:Hatch Act of 1887
596:on 3 October 2011
431:secured creditors
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359:Statute Citation
312:and North Dakota
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170:on 16 June 1934;
156:Passed the Senate
123:Statutes at Large
59:Frazier-Lemke Act
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14:
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2110:
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1005:
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948:
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928:
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828:
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823:
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747:
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732:
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709:
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666:
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410:S. 3580
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329:73rd Congress
322:
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318:
317:William Lemke
315:
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186:by President
185:
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139:
136:, Chapter 869
135:
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1666:Banks portal
1606:Other topics
1556:Pennsylvania
1465:Credit union
1231:McFadden Act
981:
908:agricultural
718:. Retrieved
684:
672:. Retrieved
659:
647:. Retrieved
634:
621:
598:. Retrieved
594:the original
553:
528:. Retrieved
465:
460:
458:
454:
438:
428:
397:P.L. 73-486
373:P.L. 73-296
370:7 June 1934
326:
310:Lynn Frazier
304:North Dakota
301:
293:
266:created the
260:
249:US President
242:
228:
215:
213:
183:
177:
171:
167:
161:
155:
149:
92:28 June 1934
29:
2069:Environment
2045:Agriculture
1953:Individuals
1763:Economy Act
1732:Brain Trust
1587:CAEL Rating
1582:Call report
1209:legislation
910:legislation
720:19 December
698: (1935)
600:19 December
530:19 December
284:George Peek
272:Farm Bureau
245:US Congress
2091:Categories
1531:New Jersey
1496:California
1480:State bank
1347:Dodd–Frank
784:Farm bills
502:References
425:Court case
233:Background
150:Introduced
102:Public law
70:Long title
2112:Dust Bowl
1985:Huey Long
1742:Criticism
1561:Tennessee
626:About.com
486:Dust Bowl
296:repossess
224:repossess
97:Citations
89:Effective
2013:Category
1751:New Deal
1708:New Deal
1646:Category
1566:Virginia
1546:Oklahoma
1536:New York
1521:Michigan
1516:Maryland
1511:Illinois
1501:Colorado
470:See also
400:48
376:48
239:New Deal
128:48
2031:Portals
2018:Commons
1506:Florida
1352:EGRRCPA
674:28 July
649:28 July
307:Senator
290:Content
226:farms.
218:was an
107:Pub. L.
1551:Oregon
1312:FDICIA
1307:FIRREA
404:
380:
132:
115:73–486
113:
2081:Money
2057:Banks
1575:Terms
906:Other
691:
668:(PDF)
643:(PDF)
402:Stat.
378:Stat.
201:cases
130:Stat.
1541:Ohio
722:2008
693:U.S.
676:2013
651:2013
602:2008
532:2008
406:1289
327:The
214:The
134:1289
81:the
1918:Act
696:555
689:295
525:PBS
382:911
2093::
703:^
610:^
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510:^
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2033::
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1916:(
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534:.
20:)
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