Production Credit Ass'n of Worthington v. Van Iperen

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• refusing to base a state common law action on noncompliance with the Farm Credit Act
• refusing to base a state common law action on noncompliance with the Farm Credit Act
• refusing to incorporate the Farm Credit Act into a contract that stated the loan was “governed by” the Act
• “We will not impose a [contractual] obligation and remedy when the statute cannot be interpreted to create one.”
• language in loan agreement “governed by the Farm Credit Act of 1971 and its regulations” did not create a cause of action for breach based upon violations of the Act
• similarly holding that agreement stating that a loan was “governed by the Farm Credit Act of 1971 and its regulations” did not create a cause of action for breach based upon violations of the Act

Source: CourtListener parenthetical corpus (CC0).