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Fabio 00a184bb3c Legal corpus: U.S. Code titles 1–11 from pinned OLRC XML (11,050 sections)
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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. § 2008b Socially disadvantaged farmers and ranchers; qualified beginning farmers and ranchers us united_states_code code_section 7 AGRICULTURE 50 AGRICULTURAL CREDIT 2008b 7 U.S.C. § 2008b 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/s2008b data/legal/raw/us/code/title-07/usc07.xml cdc27b3d00ef4c5aa127563ee49647ac0843d904c9d31ad6ecd33e1cb8b6b14c 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 7a2a3e9ebd1565bc9fc04fbc8451fcb0ad1595cfd17f7b9b53c3e06c33af7a43 2026-07-04 official
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7 U.S.C. § 2008b - Socially disadvantaged farmers and ranchers; qualified beginning farmers and ranchers

Text

In the case of a loan guaranteed by the Secretary under subchapter I or II to a socially disadvantaged farmer or rancher (as defined in section 2003(e) of this title) or a qualified beginning farmer or rancher, the Secretary may provide for a standard guarantee plan, which shall cover an amount equal to 95 percent of the outstanding principal of the loan.

(Pub. L. 87128, title III, § 367, as added Pub. L. 115334, title V, § 5306, Dec. 20, 2018, 132 Stat. 4673.)

Notes

Editorial Notes

Prior ProvisionsA prior section 2008b, Pub. L. 87128, title III, § 367, as added Pub. L. 101624, title XXIII, § 2317, Nov. 28, 1990, 104 Stat. 4008; amended Pub. L. 102237, title VII, § 701(g), Dec. 13, 1991, 105 Stat. 1879, related to limited transfer authority of loan amounts, prior to repeal by Pub. L. 104127, title VII, § 755, Apr. 4, 1996, 110 Stat. 1131.