US Code
Title 7— AGRICULTURE
CHAPTER 50— AGRICULTURAL CREDIT

§ 1927a. Loan interest rates charged by Farmers Home Administration; grant funds associated with loans - Effective , and thereafter, in the case of water and...

§ 1928. Full faith and credit - (a) In generalA contract of insurance or guarantee executed by...

§ 1929. Agricultural Credit Insurance Fund - (a) Revolving fundThe fund established pursuant to section 11(a) of...

§ 1929–1. Level of loan programs under Agricultural Credit Insurance Fund - On and after , no funds in this Act or...

§ 1929a. Rural Development Insurance Fund - (a) Creation; revolving fund; rural development loansThere is hereby created...

§ 1929b. Purchase of guaranteed portions of loans; terms and conditions; exercise of authorities - The Secretary may purchase, on such terms and conditions as...

§ 1930. Continued availability of appropriated funds for direct real estate loans to farmers and ranchers - Funds appropriated for the purpose of making direct real estate...

§ 1931. Repealed. , , -

§ 1932. Assistance for rural entities - (a) Loans to private business enterprises(1) DefinitionsIn this subsection:(A) AquacultureThe...

§ 1933. Guaranteed rural housing loans; Hawaiian home lands - (a) Rural Housing Loans which (1) are guaranteed by the...

§ 1934. Low-income farm ownership loan program; eligibility; repayment requirements - (a) The Secretary is authorized to make and insure loans...

§ 1935. Down payment loan program - (a) In general(1) EstablishmentNotwithstanding any other section of this subchapter,...

§ 1936. Beginning farmer or rancher and socially disadvantaged farmer or rancher contract land sales program - (a) In generalThe Secretary shall, in accordance with this section,...

§ 1936a. Use of rural development loans and grants for other purposes - (1) will be carried out in the same area as...

§ 1936b. Intermediary relending program - (a) In generalThe Secretary may make or guarantee loans to...

§ 1936c. Relending program to resolve ownership and succession on farmland - (a) In generalThe Secretary may make loans to eligible entities...

SUBCHAPTER II— OPERATING LOANS

§ 1941. Persons eligible for loans - (a) In general(1) Eligibility requirementsThe Secretary may make and insure...

§ 1942. Purposes of loans - (a) In generalA direct loan (including a microloan, as defined...

§ 1943. Limitations on amount of operating loans - (a) In generalThe Secretary shall make or insure no loan...

§ 1944. Soil conservation district loans; limitation; purchase of conservation equipment - Loans aggregating not more than $500,000 in any one year...

§ 1945. Repealed. , , -

§ 1946. Liability of borrower - (a) Determination of interest rates(1) The Secretary shall make all...

§§ 1947, 1948. Repealed. , §§ 615, 616(a), , -

§ 1949. Graduation of borrowers with operating loans or guarantees to private commercial credit - The Secretary shall establish a plan, in coordination with activities...

SUBCHAPTER III— EMERGENCY LOANS

§ 1961. Eligibility for loans - (a) Persons eligibleThe Secretary shall make and insure loans under...

§ 1962. Loan determination factors; written credit declinations - (a) For the purpose of determining whether to make or...

§ 1963. Purpose and extent of loans - Loans may be made or insured under this subchapter for...

§ 1964. Terms of loans - (a) Maximum amount of loanThe Secretary may not make a...

§ 1965. Repealed. , , -

§ 1966. Emergency Credit Revolving Fund utilization - The Secretary is authorized to utilize the revolving fund created...

§ 1967. Addition to Emergency Credit Revolving Fund of sums from liquidation of loans; authorization of appropriations - (a) All sums received by the Secretary from the liquidation...

§ 1968. Repealed. , , -

§ 1969. Repealed. , , -

§ 1970. Eligibility for assistance based on production loss - The Secretary shall make financial assistance under this subchapter available...

§ 1971. Repealed. , , -

SUBCHAPTER IV— ADMINISTRATIVE PROVISIONS

§ 1981. Farmers Home Administration - (a) Appointment and compensation of Administrator; transfer of powers, duties,...

§ 1981a. Loan moratorium and policy on foreclosures - (a) In generalIn addition to any other authority that the...

§ 1981b. Farm loan interest rates - (1) the rate of interest on the original loan; (2)...

§ 1981c. Oil and gas royalty payments on loans - (a) The Secretary shall permit a borrower of a loan...

§ 1981d. Notice of loan service programs - (a) RequirementThe Secretary shall provide notice by certified mail to...

§ 1981e. Planting and production history guidelines - (a) In generalThe Secretary shall ensure that appropriate procedures, including...

§ 1981f. Underwriting forms and standards - In the administration of this chapter, the Secretary shall, to...

§ 1982. Relief for mobilized military reservists from certain agricultural loan obligations - (a) Definition of mobilized military reservistIn this section, the term...

§ 1983. Special conditions and limitations on loans - (1) require the applicant (A) to certify in writing, and...

§ 1983a. Prompt approval of loans and loan guarantees - (a) Applications; time for action by Secretary; notice; statement of...

§ 1983b. Beginning farmer and rancher individual development accounts pilot program - (a) DefinitionsIn this section:(1) Demonstration programThe term “demonstration program” means...

§ 1983c. Provision of information to borrowers - (a) In generalOn request of a farm borrower of a...

§ 1983d. Farmer loan pilot projects - (a) In generalThe Secretary may conduct pilot projects of limited...

§ 1984. Taxation - (1) the value of any notes or mortgages or other...

§ 1985. Security servicing - (a) Preservation and protection of security, lien, or priority of...

§ 1986. Conflicts of interests - (a) Acceptance of fees, commissions, gifts, or other considerations prohibitedNo...

§ 1987. Debt adjustment and credit counseling; “summary period” defined; loan summary statements - (a) The Secretary may provide voluntary debt adjustment assistance between...

§ 1988. Appropriations - (a) AuthorizationThere is authorized to be appropriated to the Secretary...

§ 1989. Rules and regulations - (a) In generalThe Secretary is authorized to make such rules...

§ 1990. Transfer of lands to Secretary - The President may at any time in his discretion transfer...

§ 1990a. Refinancing of certain rural hospital debt - Assistance under for a community facility, or under , may...

§ 1991. Definitions - (a) As used in this chapter:(1) The term “farmer” includes...

§ 1992. Loan limitations - No loan (other than one to a public body or...

§ 1993. Transition to private commercial or other sources of credit - (a) In generalIn making or insuring a farm loan under...

§ 1994. Maximum amounts for loans authorized; long-term cost projections - (a) Maximum aggregate principal amounts for loans authorizedEffective October 1,...

§ 1995. Participation and financial and technical assistance by other Federal departments, etc., to program participants - Notwithstanding any other provision of law, other departments, agencies, and...

§ 1996. Loans to resident aliens - Notwithstanding the provisions of this chapter limiting the making and...

§ 1997. Conservation easements - (a) DefinitionsFor purposes of this section:(1) The term “governmental entity”...

§ 1998. Guaranteed farm loan programs - Notwithstanding any other provision of this chapter, the Secretary shall...

§ 1999. Interest rate reduction program - (a) Establishment of programThe Secretary shall establish and carry out...

§ 2000. Homestead protection - (a) DefinitionsAs used in this section:(1) The term “Administrator” means...

§ 2001. Debt restructuring and loan servicing - (a) In generalThe Secretary shall modify delinquent farmer program loans...

§ 2001a. Debt restructuring and loan servicing for community facility loans - The Secretary shall establish and implement a program that is...

§ 2002. Transfer of inventory lands - (a) In generalSubject to subsection (b), the Secretary may transfer...

§ 2003. Target participation rates - (a) Establishment(1) In generalThe Secretary shall establish annual target participation...

§ 2004. Expedited clearing of title to inventory property - The Farmers Home Administration may employ local attorneys, on a...

§ 2005. Payment of losses on guaranteed loans - (a) Payments to lenders(1) RequirementWithin 3 months after a court...

§ 2006. Waiver of mediation rights by borrowers - The Secretary may not make, insure, or guarantee any farmer...

§ 2006a. Borrower training - (a) In generalThe Secretary shall enter into contracts to provide...

§ 2006b. Loan assessments - (a) In generalThe Secretary shall evaluate, in accordance with regulations...

§ 2006c. Supervised credit - (1) better acquaint the employees with what constitutes adequate financial...

§ 2006d. Market placement - The Secretary shall establish a market placement program for qualified...

§ 2006e. Prohibition on use of loans for certain purposes - The Secretary shall not approve any loan under this chapter...

§ 2006f. Rural development certified lenders program - (a) Certified lenders program(1) In generalThe Secretary may establish a...

§§ 2007 to 2007e. Repealed. , , -

§ 2008. Rural development and farm loan program activities - The Secretary may not complete a study of, or enter...

§ 2008a. Equitable relief - (a) In generalSubject to subsection (b), the Secretary may provide...

§ 2008b. Socially disadvantaged farmers and ranchers; qualified beginning farmers and ranchers - In the case of a loan guaranteed by the Secretary...

§ 2008c. Rural Business-Cooperative Service programs technical assistance and training - (a) In generalThe Secretary may make grants to public bodies,...

§ 2008d. Recordkeeping of loans by borrower’s gender - The Secretary shall classify, by gender, records of applicants for...

§ 2008e. Prohibition under rural development programs - (a) ProhibitionAssistance under any rural development program administered by the...

§ 2008f. Crop insurance requirement - (a) In generalAs a condition of obtaining any benefit (including...

§ 2008g. Payment of interest as condition of loan servicing for borrowers - The Secretary may not reschedule or reamortize a loan for...

§ 2008h. Loan and loan servicing limitations - (a) Delinquent borrowers prohibited from obtaining direct operating loansThe Secretary...

§ 2008i. Short form certification of farm program borrower compliance - The Secretary shall develop and utilize a consolidated short form...

§ 2008j. Transferred -

§ 2008k. Making and servicing of loans by personnel of State, county, or area committees - The Secretary shall use personnel of a State, county or...

§ 2008l. Eligibility of employees of State, county, or area committee for loans and loan guarantees - (a) In generalThe Secretary shall not prohibit an employee of...

§ 2008m. National Rural Development Partnership - (a) DefinitionsIn this section:(1) Agency with rural responsibilitiesThe term “agency...

§ 2008n. Repealed. , , -

§ 2008o. Repealed. , , -

§ 2008p. Grants for NOAA weather radio transmitters - (a) In generalThe Secretary, acting through the Administrator of the...

§ 2008q. Repealed. , , -

§ 2008q–1. Grants to improve supply, stability, safety, and training of agricultural labor force - (a) Definition of eligible entityIn this section, the term “eligible...

§ 2008r. Repealed. , , -

§ 2008s. Rural microentrepreneur assistance program - (a) DefinitionsIn this section:(1) Indian tribeThe term “Indian tribe” has...

§ 2008t. Repealed. , , -

§ 2008u. Health care services - (a) PurposeThe purpose of this section is to address the...

§ 2008v. Strategic economic and community development - (a) In generalIn the case of any program under this...

§ 2008w. Rural Innovation Stronger Economy Grant Program - (a) DefinitionsIn this section:(1) Eligible entityThe term “eligible entity” means...

§ 2008x. Reporting - (a) Definition of farm loanIn this section, the term “farm...

SUBCHAPTER V— RURAL COMMUNITY ADVANCEMENT PROGRAM

§ 2009. Definitions - (1) StateThe term “State” means each of the 50 States,...

§ 2009a. Establishment - The Secretary shall establish a rural community advancement program to...

§ 2009b. National objectives - (1) promote strategic development activities and collaborative efforts by State...

§ 2009c. Strategic plans - (a) In generalThe Secretary shall direct each of the Directors...

§ 2009d. Rural Development Trust Fund - (a) EstablishmentThere is established in the Treasury of the United...

§ 2009e. Transfers of funds - (a) General authoritySubject to subsection (b) of this section, the...

§ 2009f. Grants to States - (a) Simple grants(1) Mandatory grantThe Secretary shall make a grant...

§ 2009g. Guarantee and commitment to guarantee loans - (a) “Eligible public entity” definedIn this section, the term “eligible...

§ 2009h. Local involvement - An application for assistance under this subchapter shall include evidence...

§ 2009i. Interstate collaboration - The Secretary shall permit the establishment of voluntary pooling arrangements...

§ 2009j. Annual report - (a) In generalThe Secretary, in collaboration with State, local, public,...

§ 2009k. Rural development interagency working group - (a) In generalThe Secretary shall provide leadership within the Executive...

§ 2009l. Duties of Rural Economic and Community Development State Offices - (1) to the maximum extent practicable, ensure that the State...

§ 2009m. Electronic transfer - The Secretary shall transfer funds in accordance with this subchapter...

§ 2009n. Repealed. , , -

SUBCHAPTER VI— DELTA REGIONAL AUTHORITY

§ 2009aa. Definitions - (1) AuthorityThe term “Authority” means the Delta Regional Authority established...

§ 2009aa–1. Delta Regional Authority - (a) Establishment(1) In generalThere is established the Delta Regional Authority....

§ 2009aa–2. Economic and community development grants - (a) In generalThe Authority may approve grants to States and...

§ 2009aa–3. Supplements to Federal grant programs - (a) FindingCongress finds that certain States and local communities of...

§ 2009aa–4. Local development districts; certification and administrative expenses - (a) Definition of local development districtIn this section, the term...

§ 2009aa–5. Distressed counties and areas and nondistressed counties - (a) DesignationsNot later than 90 days after December 21, 2000,...

§ 2009aa–6. Development planning process - (a) State development planIn accordance with policies established by the...

§ 2009aa–7. Program development criteria - (a) In generalIn considering programs and projects to be provided...

§ 2009aa–8. Approval of development plans and projects - (a) In generalA State or regional development plan or any...

§ 2009aa–9. Consent of States - Nothing in this subchapter requires any State to engage in...

§ 2009aa–10. Records - (a) Records of the Authority(1) In generalThe Authority shall maintain...

§ 2009aa–11. Annual report - Not later than 180 days after the end of each...

§ 2009aa–12. Authorization of appropriations - (a) In generalThere is authorized to be appropriated to the...

§ 2009aa–13. Termination of authority - This subchapter and the authority provided under this subchapter expire...

SUBCHAPTER VII— NORTHERN GREAT PLAINS REGIONAL AUTHORITY

§ 2009bb. Definitions - (1) AuthorityThe term “Authority” means the Northern Great Plains Regional...

§ 2009bb–1. Northern Great Plains Regional Authority - (a) Establishment(1) In generalThere is established the Northern Great Plains...

§ 2009bb–1a. Interstate cooperation for economic opportunity and efficiency - (a) In generalThe Authority shall provide assistance to States in...

§ 2009bb–2. Economic and community development grants - (a) In generalThe Authority may approve grants to States, Indian...

§ 2009bb–3. Supplements to Federal grant programs - (a) FindingCongress finds that certain States and local communities of...

§ 2009bb–4. Multistate and local development districts and organizations and Northern Great Plains Inc. - (a) Definition of multistate and local development district or organizationIn...

§ 2009bb–5. Distressed counties and areas and nondistressed counties - (a) DesignationsNot later than 90 days after May 13, 2002,...

§ 2009bb–6. Development planning process - (a) State development planIn accordance with policies established by the...

§ 2009bb–7. Program development criteria - (a) In generalIn considering programs and projects to be provided...

§ 2009bb–8. Approval of development plans and projects - (a) In generalA State or regional development plan or any...

§ 2009bb–9. Consent of States - Nothing in this subchapter requires any State to engage in...

§ 2009bb–10. Records - (a) Records of the Authority(1) In generalThe Authority shall maintain...

§ 2009bb–11. Annual report - Not later than 180 days after the end of each...

§ 2009bb–12. Authorization of appropriations - (a) In generalThere is authorized to be appropriated to the...

§ 2009bb–13. Termination of authority - The authority provided by this subchapter terminates effective .

SUBCHAPTER VIII— RURAL BUSINESS INVESTMENT PROGRAM

§ 2009cc. Definitions - (1) ArticlesThe term “articles” means articles of incorporation for an...

§ 2009cc–1. Purposes - (1) to promote economic development and the creation of wealth...

§ 2009cc–2. Establishment - (1) enter into participation agreements with companies granted final approval...

§ 2009cc–3. Selection of rural business investment companies - (a) EligibilityA company shall be eligible to apply to participate,...

§ 2009cc–4. Debentures - (a) In generalThe Secretary may guarantee the timely payment of...

§ 2009cc–5. Issuance and guarantee of trust certificates - (a) IssuanceThe Secretary may issue trust certificates representing ownership of...

§ 2009cc–6. Fees - (a) In generalThe Secretary may charge such fees as the...

§ 2009cc–7. Operational assistance grants - (a) In generalIn accordance with this section, the Secretary may...

§ 2009cc–8. Rural business investment companies - (a) OrganizationFor the purpose of this subchapter, a rural business...

§ 2009cc–9. Financial institution investments - (a) Investment(1) In generalExcept as otherwise provided in this section...

§ 2009cc–10. Reporting requirements - (a) Rural business investment companiesEach rural business investment company that...

§ 2009cc–11. Examinations - (a) In generalEach rural business investment company that participates in...

§ 2009cc–12. Injunctions and other orders - (a) In general(1) Application by SecretaryWhenever, in the judgment of...

§ 2009cc–13. Additional penalties for noncompliance - (a) In generalWith respect to any rural business investment company...

§ 2009cc–14. Unlawful acts and omissions; breach of fiduciary duty - (a) Parties deemed to commit a violationWhenever any rural business...

§ 2009cc–15. Removal or suspension of directors or officers - Using the procedures established by the Secretary for removing or...

§ 2009cc–16. Repealed. , , , and , title VI, § 6027(e), , , 1944 -

§ 2009cc–17. Regulations - The Secretary may promulgate such regulations as the Secretary considers...

§ 2009cc–18. Authorization of appropriations - There is authorized to be appropriated to carry out this...

SUBCHAPTER IX— RURAL COLLABORATIVE INVESTMENT PROGRAM

§§ 2009dd to 2009dd–7. Repealed. , , -

SUBCHAPTER X— SEARCH GRANTS FOR SMALL COMMUNITIES

§§ 2009ee to 2009ee–3. Repealed. , , , and , title VI, § 6002(b), , , 1923 -

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US Code Title 7— AGRICULTURE CHAPTER 50— AGRICULTURAL CREDIT

US Code
Title 7— AGRICULTURE
CHAPTER 50— AGRICULTURAL CREDIT