2014 US Code
Title 7 - Agriculture (Sections 1 - 9097)
Chapter 50 - Agricultural Credit (Sections 1921 - 2009ee-3)
Subchapter II - Operating Loans (Sections 1941 - 1949)
Sec. 1949 - Graduation of borrowers with operating loans or guarantees to private commercial credit
| Publication Title | United States Code, 2012 Edition, Supplement 2, Title 7 - AGRICULTURE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 7 - AGRICULTURE CHAPTER 50 - AGRICULTURAL CREDIT SUBCHAPTER II - OPERATING LOANS Sec. 1949 - Graduation of borrowers with operating loans or guarantees to private commercial credit |
| Contains | section 1949 |
| Date | 2014 |
| Laws In Effect As Of Date | January 5, 2015 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | Pub. L. 87-128, title III, §319, as added Pub. L. 102-554, §9, Oct. 28, 1992, 106 Stat. 4150; amended Pub. L. 104-127, title VI, §617, Apr. 4, 1996, 110 Stat. 1090; Pub. L. 113-79, title V, §5107, Feb. 7, 2014, 128 Stat. 838. |
| Statutes at Large References | 106 Stat. 4150 110 Stat. 1090 116 Stat. 343 120 Stat. 3485 122 Stat. 1146, 1664 128 Stat. 838 |
| Public and Private Laws | Public Law 87-128, Public Law 102-554, Public Law 104-127, Public Law 107-171, Public Law 109-467, Public Law 110-234, Public Law 110-246, Public Law 113-79 |
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The Secretary shall establish a plan, in coordination with activities under sections 2006a, 2006b, 2006c, and 2006d of this title, to encourage each borrower with an outstanding loan under this subchapter or with respect to whom there is an outstanding guarantee under this subchapter to graduate to private commercial or other sources of credit.
(Pub. L. 87–128, title III, §319, as added Pub. L. 102–554, §9, Oct. 28, 1992, 106 Stat. 4150; amended Pub. L. 104–127, title VI, §617, Apr. 4, 1996, 110 Stat. 1090; Pub. L. 113–79, title V, §5107, Feb. 7, 2014, 128 Stat. 838.)
AMENDMENTS2014—Pub. L. 113–79 struck out subsec. (a) designation and heading before "The Secretary" and struck out subsec. (b) which related to limitation on period borrowers were eligible for guaranteed assistance under this subchapter and contained transition rule.
1996—Subsec. (b). Pub. L. 104–127 added subsec. (b) and struck out former subsec. (b) which provided for limitation on period for which borrowers were eligible for assistance under this subchapter and contained transition rule.
SUSPENSION OF LIMITATION ON PERIOD FOR WHICH BORROWERS ARE ELIGIBLE FOR GUARANTEED ASSISTANCEPub. L. 107–171, title V, §5102, May 13, 2002, 116 Stat. 343, as amended by Pub. L. 109–467, §1, Dec. 22, 2006, 120 Stat. 3485; Pub. L. 110–234, title V, §5103, May 22, 2008, 122 Stat. 1146; Pub. L. 110–246, §4(a), title V, §5103, June 18, 2008, 122 Stat. 1664, 1908, provided for the suspension of former 7 U.S.C. 1949(b) limitation on period borrowers were eligible for guaranteed assistance, beginning Jan. 1, 2002, and ending Dec. 31, 2010.
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