LAND BANK

land bank. 1. A bank created under the Federal Farm Loan Act to make loans at low interest rates secured by farmland. [Cases: United States  53(7).C.J.S. United States §§ 90, 92–93.] 2. A program in which land is retired from agricultural production for conservation or tree-cultivation purposes. — Also termed soil bank. See FEDERAL HOME LOAN BANK.

[Blacks Law 8th]