7 U.S.C. § 2009cc–2 — Establishment
submitted 24 years ago by Pub. L. 87-128 to r/title-7-AGRICULTURE · 86 words · no verdicts yet
This section addresses Establishment. under this subchapter, the Secretary must establish a Rural Business Investment Program, under which the Secretary may— (1) enter into participation agreements with companies granted final approval under section 2009cc–3…
under this subchapter, the Secretary must establish a Rural* Business Investment Program, under which the Secretary may— (1) enter into participation agreements with companies granted final approval under section 2009cc–3(e) of this title for the purposes set forth in section 2009cc–1 of this title; (2) guarantee the debentures issued by rural business investment companies as provided in section 2009cc–4 of this title; and (3) make grants to rural business investment companies, and to other entities, under section 2009cc–7 of this title.
In accordance with this subchapter, the Secretary shall establish a Rural* Business Investment Program, under which the Secretary may—
enter into participation agreements with companies granted final approval under section 2009cc–3(e) of this title for the purposes set forth in section 2009cc–1 of this title;
guarantee the debentures issued by rural business investment companies as provided in section 2009cc–4 of this title; and
make grants to rural business investment companies, and to other entities, under section 2009cc–7 of this title.
Source credit: (Pub. L. 87–128, title III, § 384C, as added Pub. L. 107–171, title VI, § 6029, May 13, 2002, 116 Stat. 391.)
- 2002Enacted · Pub. L. 87-128 · 116 Stat. 391
A history note hasn’t been published yet. The record shows enactment by Pub. L. 87-128 on 2002-05-13.
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