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7 U.S.C. § 1308–5Treatment of multiyear program contract payments

submitted 36 years ago by Pub. L. 99-198 to r/title-7-AGRICULTURE · 127 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a) In general

Notwithstanding any other provision of law, in the event of a transfer of ownership of land (or an ownership interest in land) by way of devise or descent, the Secretary of Agriculture may, if the new owner succeeds to the prior owner’s contract entered into under title XII,1 make payments to the new owner under such contract without regard to the amount of payments received by the new owner under any contract entered into under title XII 1 executed prior to such devise or descent.

(b) Limitation

Payments made pursuant to this section shall not exceed the amount to which the previous owner was entitled to receive under the terms of the contract at the time of the death of the prior owner.

Source credit: (Pub. L. 99–198, title X, § 1001F, formerly § 1001E, as added Pub. L. 101–624, title XI, § 1111(h), Nov. 28, 1990, 104 Stat. 3499; renumbered § 1001F, Pub. L. 107–171, title I, § 1604(1), May 13, 2002, 116 Stat. 215.)

history & why it existsrecord from the source credit
  • 1990Enacted · Pub. L. 99-198 · 104 Stat. 3499
  • 2002Amended · Pub. L. 107-171 · 116 Stat. 215

A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-198 on 1990-11-28.

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