Is written approval from the FSA required for advances made under an established line of credit in subsequent years?

The correct choice states that written approval from the Farm Service Agency (FSA) is not required for advances made under an established line of credit in subsequent years. This is because once a line of credit is established and approved by the FSA, the borrower typically has the flexibility to draw upon that line of credit without needing to secure additional approvals for each advance.

This structure allows for efficient access to funds, as borrowers can manage their cash flow and financial needs without undergoing a repetitive approval process, which would be cumbersome and counterproductive. The established terms of the line of credit provide the necessary parameters for advances without needing further oversight for each transaction.

In relation to the other choices, requiring written approval for every advance would suggest a level of control that does not align with the purpose of a line of credit, which is designed to provide easy access to funds for the borrower. Moreover, indicating that approval is only needed for large amounts or depending on the loan purpose would introduce unnecessary complexity into the process, going against the streamlined nature of how lines of credit are intended to function.