Korea Rural Community Corporation and Farmland Management Fund Act.

The purpose of this Act is to contribute to increasing agricultural productivity and the economic and social development of rural communities by performing projects for improving rural communities and farmland banking projects, comprehensively managing agricultural infrastructure and promoting the rationalization of the scale of farming for farmers, through the incorporation of the Korea Rural Community Corporation and the establishment of the Farmland Management Fund.
The Korea Rural Community Corporation shall be incorporated. The Corporation shall perform the projects as prescribed in Article 10, including: 1. Rural community improvement projects under the Rearrangement of Agricultural and Fishing Villages Act; 2. Projects for the maintenance, management, and utilization of agricultural infrastructure; 3. Projects for the development, utilization, preservation, and management of water for agricultural and fishing villages and underground water resources; etc.