§ 7217. — Transfer or change of interest in lands subject to contract.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 7USC7217]
TITLE 7--AGRICULTURE
CHAPTER 100--AGRICULTURAL MARKET TRANSITION
SUBCHAPTER II--PRODUCTION FLEXIBILITY CONTRACTS
Sec. 7217. Transfer or change of interest in lands subject to
contract
(a) Termination
Except as provided in subsection (c) of this section, a transfer of
(or change in) the interest of an owner or producer subject to a
contract in the contract acreage covered by the contract shall result in
the termination of the contract with respect to the acreage, unless the
transferee or owner of the acreage agrees to assume all obligations
under the contract. The termination shall be effective on the date of
the transfer or change.
(b) Modification
At the request of the transferee or owner, the Secretary may modify
the contract if the modifications are consistent with the objectives of
this subchapter, as determined by the Secretary.
(c) Exception
If an owner or producer who is entitled to a contract payment dies,
becomes incompetent, or is otherwise unable to receive the contract
payment, the Secretary shall make the payment, in accordance with
regulations prescribed by the Secretary.
(Pub. L. 104-127, title I, Sec. 117, Apr. 4, 1996, 110 Stat. 904.)
