§ 1998. —  Guaranteed farm loan programs.


[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
  January 24, 2002 and December 19, 2002]
[CITE: 7USC1998]

 
                          TITLE 7--AGRICULTURE
 
                     CHAPTER 50--AGRICULTURAL CREDIT
 
                SUBCHAPTER IV--ADMINISTRATIVE PROVISIONS
 
Sec. 1998. Guaranteed farm loan programs

    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. 87-128, title III, Sec. 350, as added Pub. L. 99-198, title 
XIII, Sec. 1319, Dec. 23, 1985, 99 Stat. 1531.)

                       References in Text

    For definition of ``this chapter'', referred to in text, see note 
set out under section 1921 of this title.






























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