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7 U.S.C. § 1998Guaranteed farm loan programs

submitted 41 years ago by Pub. L. 87-128 to r/title-7-AGRICULTURE · 57 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

Notwithstanding any other provision of this chapter, the Secretary shall ensure that farm loan guarantee programs carried out under this chapter are designed so as to be responsive to borrower and lender needs and to include provisions under reasonable terms and conditions for advances, before completion of the liquidation process, of guarantee proceeds on loans in default.

Source credit: (Pub. L. 87–128, title III, § 350, as added Pub. L. 99–198, title XIII, § 1319, Dec. 23, 1985, 99 Stat. 1531.)

history & why it existsrecord from the source credit
  • 1985Enacted · Pub. L. 87-128 · 99 Stat. 1531

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-128 on 1985-12-23.

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