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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 7 U.S.C. § 1949 Graduation of borrowers with operating loans or guarantees to private commercial credit us united_states_code code_section 7 AGRICULTURE 50 AGRICULTURAL CREDIT 1949 7 U.S.C. § 1949 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s1949 data/legal/raw/us/code/title-07/usc07.xml 94ca8c6192f84fa3eb33da6600caa21cc2c7437e612c51ed224c8f022a038648 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 53803c878856160201f80a44e746da4888bcdf10d6510134b317d7cef47de128 2026-07-04 official
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7 U.S.C. § 1949 - Graduation of borrowers with operating loans or guarantees to private commercial credit

Text

The Secretary shall establish a plan, in coordination with activities under sections 2006a, 2006b, 2006c, and 2006d of this title, to encourage each borrower with an outstanding loan under this subchapter or with respect to whom there is an outstanding guarantee under this subchapter to graduate to private commercial or other sources of credit.

(Pub. L. 87128, title III, § 319, as added Pub. L. 102554, § 9, Oct. 28, 1992, 106 Stat. 4150; amended Pub. L. 104127, title VI, § 617, Apr. 4, 1996, 110 Stat. 1090; Pub. L. 11379, title V, § 5107, Feb. 7, 2014, 128 Stat. 838.)

Notes

Editorial Notes

Amendments2014—Pub. L. 11379 struck out subsec. (a) designation and heading before “The Secretary” and struck out subsec. (b) which related to limitation on period borrowers were eligible for guaranteed assistance under this subchapter and contained transition rule. 1996—Subsec. (b). Pub. L. 104127 added subsec. (b) and struck out former subsec. (b) which provided for limitation on period for which borrowers were eligible for assistance under this subchapter and contained transition rule.

Statutory Notes and Related Subsidiaries

Suspension of Limitation on Period for Which Borrowers Are Eligible for Guaranteed AssistancePub. L. 107171, title V, § 5102, May 13, 2002, 116 Stat. 343, as amended by Pub. L. 109467, § 1, Dec. 22, 2006, 120 Stat. 3485; Pub. L. 110234, title V, § 5103, May 22, 2008, 122 Stat. 1146; Pub. L. 110246, § 4(a), title V, § 5103, June 18, 2008, 122 Stat. 1664, 1908, provided for the suspension of former 7 U.S.C. 1949(b) limitation on period borrowers were eligible for guaranteed assistance, beginning Jan. 1, 2002, and ending Dec. 31, 2010.