Notwithstanding any other provision of this Act, the Secretary may make advance recourse loans available to producers of the commodities of the 1986 through 1990 crops for which nonrecourse loans are made available under this Act if the Secretary finds that such action is necessary to ensure that adequate operating credit is available to producers. Such recourse loans may be made available under such reasonable terms and conditions as the Secretary may prescribe, except that the Secretary shall require that a producer obtain crop insurance for the crop as a condition of eligibility for a loan.
Structure US Code
CHAPTER 35A— PRICE SUPPORT OF AGRICULTURAL COMMODITIES
SUBCHAPTER I— GENERAL PROVISIONS
§ 1421a. Financial impact study
§ 1422. Increase of price support levels
§ 1423. Adjustments of support prices
§ 1424. Utilization of services and facilities of Commodity Credit Corporation
§ 1425. Producer rights and liabilities
§ 1425a. Producers of honey; loan obligations and liabilities
§ 1427. Commodity Credit Corporation sales price restrictions
§ 1427–1. Quality requirements for Commodity Credit Corporation owned grain
§ 1427a. Reserve inventories for alleviation of distress of natural disaster
§ 1429. Determinations of Secretary as final and conclusive
§ 1431. Disposition of commodities to prevent waste
§ 1431a. Cotton donations to educational institutions
§ 1431b. Distribution of surplus commodities to other United States areas
§ 1431d. Donations for school feeding programs abroad; student financing; priorities
§ 1431f. Assistance to foreign countries to mitigate effects of HIV and AIDS
§ 1432. Extension of price support on long staple cotton seeds and products
§ 1433a. Forgiveness of violations; determinations
§ 1433c. Advance recourse commodity loans