7 U.S.C. § 5103 — Participation of Federal agencies
submitted 38 years ago by Pub. L. 100-233 to r/title-7-AGRICULTURE · 219 words · no verdicts yet
This section requires Department of Agriculture programs and Farm Credit System institutions to take part in certified State mediation programs. It requires good-faith cooperation and consideration of debt restructuring, but does not bind the Secretary to an outcome the Secretary did not accept.
(a) Duties of Secretary of Agriculture (1) In general The Secretary, with respect to each program or agency under the jurisdiction of the Secretary— (A) must prescribe rules requiring each such program or agency to participate in good faith in any State mediation program certified under section 5101 of this title ; (B) must participate in mediation programs certified under section 5101 of this title ; and (C) must— (i) cooperate in good faith with requests for information or analysis of information made in the course of mediation under any mediation program certified under section 5101 of this title ; and (ii) if applicable, present and explore debt restructuring proposals advanced in the course of such mediation. (2) Nonbinding on Secretary The Secretary must not be bound by any determination made in a program described in section 5101 of this title if the Secretary has not agreed to such determination. (b) Duties of Farm Credit Administration The Farm Credit Administration must prescribe rules requiring the institutions of the Farm Credit System— (1) to cooperate in good faith with requests for information or analysis of information made in the course of mediation under any mediation program described in section 5101 of this title ; and (2) to present and explore debt restructuring proposals advanced in the course of such mediation.
The Secretary, with respect to each program or agency under the jurisdiction of the Secretary—
shall prescribe rules requiring each such program or agency to participate in good faith in any State mediation program certified under section 5101 of this title;
shall participate in mediation programs certified under section 5101 of this title; and
shall—
cooperate in good faith with requests for information or analysis of information made in the course of mediation under any mediation program certified under section 5101 of this title; and
if applicable, present and explore debt restructuring proposals advanced in the course of such mediation.
The Secretary shall not be bound by any determination made in a program described in section 5101 of this title if the Secretary has not agreed to such determination.
The Farm Credit Administration shall prescribe rules requiring the institutions of the Farm Credit System—
to cooperate in good faith with requests for information or analysis of information made in the course of mediation under any mediation program described in section 5101 of this title; and
to present and explore debt restructuring proposals advanced in the course of such mediation.
Source credit: (Pub. L. 100–233, title V, § 503, Jan. 6, 1988, 101 Stat. 1663; Pub. L. 100–399, title V, § 502, Aug. 17, 1988, 102 Stat. 1005; Pub. L. 103–354, title II, § 282(b), Oct. 13, 1994, 108 Stat. 3234.)
- 1988Enacted · Pub. L. 100-233 · 101 Stat. 1663
- 1988Amended · Pub. L. 100-399 · 102 Stat. 1005
- 1994Amended · Pub. L. 103-354 · 108 Stat. 3234
A history note hasn’t been published yet. The record shows enactment by Pub. L. 100-233 on 1988-01-06.
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