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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. § 1998 Guaranteed farm loan programs us united_states_code code_section 7 AGRICULTURE 50 AGRICULTURAL CREDIT 1998 7 U.S.C. § 1998 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/s1998 data/legal/raw/us/code/title-07/usc07.xml 3a89d80aa636e52c443264bf2c7aa216e76fc89d30742db22dcc44e1efc3ce02 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 a0f7e5a01bfcf2d278f4cb336ba93b1d0394d6593baf118d86d4e7822c804494 2026-07-04 official
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7 U.S.C. § 1998 - Guaranteed farm loan programs

Text

Notwithstanding any other provision of this chapter, the Secretary shall ensure that farm loan guarantee programs carried out under this chapter are designed so as to be responsive to borrower and lender needs and to include provisions under reasonable terms and conditions for advances, before completion of the liquidation process, of guarantee proceeds on loans in default.

(Pub. L. 87128, title III, § 350, as added Pub. L. 99198, title XIII, § 1319, Dec. 23, 1985, 99 Stat. 1531.)

Notes

Editorial Notes

References in TextThis chapter, referred to in text, was in the original “this title”, meaning title III of Pub. L. 87128, Aug. 8, 1961, 75 Stat. 307, known as the Consolidated Farm and Rural Development Act, which is classified principally to this chapter. For complete classification of title III to the Code, see Short Title note set out under section 1921 of this title and Tables.