§ 1981f. — Underwriting forms and standards.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC1981f]
TITLE 7--AGRICULTURE
CHAPTER 50--AGRICULTURAL CREDIT
SUBCHAPTER IV--ADMINISTRATIVE PROVISIONS
Sec. 1981f. Underwriting forms and standards
In the administration of this chapter, the Secretary shall, to the
extent practicable, use underwriting forms, standards, practices, and
terminology similar to the forms, standards, practices, and terminology
used by lenders in the private sector.
(Pub. L. 87-128, title III, Sec. 331F, as added Pub. L. 101-624, title
XVIII, Sec. 1808(a), Nov. 28, 1990, 104 Stat. 3820.)
References in Text
For definition of ``this chapter'', referred to in text, see note
set out under section 1921 of this title.
Regulations
Section 1808(b) of Pub. L. 101-624 provided that: ``The Secretary of
Agriculture shall not issue final regulations providing for the use of
ratios and standards for determining the degree of potential loan risk
under section 331F of the Consolidated Farm and Rural Development Act [7
U.S.C. 1981f] (as added by subsection (a) of this section), prior to the
submission of the study and report on the effects of the regulations
required by section 621 of the Agricultural Credit Act of 1987 (7 U.S.C.
1989 note).''
