Source: http://www.law.cornell.edu/uscode/text/7/1924?quicktabs_8=0
Timestamp: 2013-12-21 19:06:53
Document Index: 554661329

Matched Legal Cases: ['§ 1924', '§ 1924', '§ 1924', '§ 304', '§ 2', '§ 102', '§ 102', '§ 1802', '§ 501', '§ 603', '§ 5002', '§ 4', '§ 5002']

7 USC § 1924 - Conservation loan and loan guarantee program | Title 7 - Agriculture | U.S. Code | LII / Legal Information Institute
USC › Title 7 › Chapter 50 › Subchapter I › § 1924	prevnext
7 USC § 1924 - Conservation loan and loan guarantee program
In general The Secretary may make or guarantee loans to farmers or ranchers in the United States, farm cooperatives, private domestic corporations, partnerships, joint operations, trusts, or limited liability companies that are controlled by farmers or ranchers and engaged primarily and directly in agricultural production in the United States.
Requirements To be eligible for a loan under this section, applicants shall meet the requirements in paragraphs (1) and (2) of section 1922
Limitations applicable to loan guarantees The portion of a loan that the Secretary may guarantee under this section shall be 75 percent of the principal amount of the loan.
Authorization of appropriations For each of fiscal years 2008 through 2012, there are authorized to be appropriated to the Secretary such funds as are necessary to carry out this section.
(Pub. L. 87–128, title III, § 304,Aug. 8, 1961, 75 Stat. 308; Pub. L. 90–488, § 2,Aug. 15, 1968, 82 Stat. 770; Pub. L. 92–419, title I, § 102,Aug. 30, 1972, 86 Stat. 657; Pub. L. 95–334, title I, § 102,Aug. 4, 1978, 92 Stat. 421; Pub. L. 101–624, title XVIII, § 1802(a),Nov. 28, 1990, 104 Stat. 3817; Pub. L. 102–237, title V, § 501(a),Dec. 13, 1991, 105 Stat. 1865; Pub. L. 104–127, title VI, § 603,Apr. 4, 1996, 110 Stat. 1085; Pub. L. 110–234, title V, § 5002,May 22, 2008, 122 Stat. 1142; Pub. L. 110–246, § 4(a), title V, § 5002,June 18, 2008, 122 Stat. 1664, 1904.)