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7 U.S.C. § 2008b — Socially disadvantaged farmers and ranchers; qualified beginning farmers and ranchers

submitted 8 years ago by Pub. L. 87-128 to r/title-7-AGRICULTURE · 63 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

In the case of a loan guaranteed by the Secretary under subchapter I or II to a socially disadvantaged farmer or rancher (as defined in section 2003(e) of this title) or a qualified beginning farmer or rancher, the Secretary may provide for a standard guarantee plan, which shall cover an amount equal to 95 percent of the outstanding principal of the loan.

Source credit: (Pub. L. 87–128, title III, § 367, as added Pub. L. 115–334, title V, § 5306, Dec. 20, 2018, 132 Stat. 4673.)

history & why it existsrecord from the source credit
  • 2018Enacted · Pub. L. 87-128 · 132 Stat. 4673

A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-128 on 2018-12-20.

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