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LegalText 7 U.S.C. § 8731 Availability of nonrecourse marketing assistance loans for loan commodities us united_states_code code_section 7 AGRICULTURE 113 AGRICULTURAL COMMODITY SUPPORT PROGRAMS 8731 7 U.S.C. § 8731 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/s8731 data/legal/raw/us/code/title-07/usc07.xml 1625c8ba1cb2e1a72c9708ff640478f018bc3e0f64bcb2334e9a85321b7e33ce 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 c38d25b8c1a145e878ad28a67e0fbfdafd5af61a508fc89c6424f9a340a13548 2026-07-04 official
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7 U.S.C. § 8731 - Availability of nonrecourse marketing assistance loans for loan commodities

Text

(a) Nonrecourse loans available (1) Availability For each of the 2008 through 2012 crops of each loan commodity, the Secretary shall make available to producers on a farm nonrecourse marketing assistance loans for loan commodities produced on the farm.

(2) Terms and conditions The marketing assistance loans shall be made under terms and conditions that are prescribed by the Secretary and at the loan rate established under section 8732 of this title for the loan commodity.

(b) Eligible production The producers on a farm shall be eligible for a marketing assistance loan under subsection (a) for any quantity of a loan commodity produced on the farm.

(c) Compliance with conservation and wetlands requirements As a condition of the receipt of a marketing assistance loan under subsection (a), the producer shall comply with applicable conservation requirements under subtitle B of title XII of the Food Security Act of 1985 (16 U.S.C. 3811 et seq.) and applicable wetland protection requirements under subtitle C of title XII of that Act (16 U.S.C. 3821 et seq.) during the term of the loan.

(Pub. L. 110234, title I, § 1201, May 22, 2008, 122 Stat. 953; Pub. L. 110246, § 4(a), title I, § 1201, June 18, 2008, 122 Stat. 1664, 1681.)

Notes

Editorial Notes

References in TextThe Food Security Act of 1985, referred to in subsec. (c), is Pub. L. 99198, Dec. 23, 1985, 99 Stat. 1354. Subtitles B and C of title XII of the Act are classified generally to subchapters II (§ 3811 et seq.) and III (§ 3821 et seq.), respectively, of chapter 58 of Title 16, Conservation. For complete classification of this Act to the Code, see Short Title of 1985 Amendment note set out under section 1281 of this title and Tables.

Codification Pub. L. 110234 and Pub. L. 110246 enacted identical sections. Pub. L. 110234 was repealed by section 4(a) of Pub. L. 110246.

Statutory Notes and Related Subsidiaries

Effective DateEnactment of this section and repeal of Pub. L. 110234 by Pub. L. 110246 effective May 22, 2008, the date of enactment of Pub. L. 110234, see section 4 of Pub. L. 110246, set out as a note under section 8701 of this title.