7 U.S.C. § 1998 — Guaranteed farm loan programs
submitted 41 years ago by Pub. L. 87-128 to r/title-7-AGRICULTURE · 57 words · no verdicts yet
This section addresses Guaranteed farm loan programs. despite any other provision of this chapter, the Secretary must 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.
despite any other provision of this chapter, the Secretary must 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.
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.)
- 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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