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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 16 U.S.C. § 2807 Capital requirements for aquaculture us united_states_code code_section 16 CONSERVATION 48 NATIONAL AQUACULTURE POLICY, PLANNING, AND DEVELOPMENT 2807 16 U.S.C. § 2807 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc16@119-100.zip /us/usc/t16/s2807 data/legal/raw/us/code/title-16/usc16.xml 8f0435d618d985e5c10d9dd15c0a408a9547d798b093f2e4180cac86a4aaba2f 7be8950da5a93cac7c98e4576ce00340f2aba5e8e46d29915382c203c421d503 396379da1b760210542dace9f628c18e492e118711a026759cca444ade610d24 2026-07-04 official
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16 U.S.C. § 2807 - Capital requirements for aquaculture

Text

(a) Capital requirements study The Secretaries, through the coordinating group, shall conduct within twelve months after September 26, 1980, a study of the capital requirements of the United States aquaculture industry. The study shall—

(1) document and analyze any capital constraints that affect the development of aquaculture in the United States; and

(2) evaluate the role that appropriate Federal financial assistance does or could play in filling gaps in the normal credit market with respect to aquaculture.

The study will identify the capital needs of the United States aquaculture industry, with emphasis on the needs that are not being filled either in normal credit channels or through government programs for direct loans, loan guarantees, disaster loans, and insurance. Upon its completion, the Secretaries shall submit the results of the study to Congress.

(b) Capital requirements plan Based on the results of the Capital Requirements Study conducted under subsection (a), and within six months of the completion of the study, the Secretaries shall formulate a plan for acting on the studys findings. The plan shall include: (1) those Federal actions, if any, found to be necessary to meet financial needs unmet through normal credit channels and existing Federal programs; and (2) recommendations, if any, for legislative actions. Upon completion, the plan shall be submitted to Congress.

(Pub. L. 96362, § 8, Sept. 26, 1980, 94 Stat. 1204.)