2014 US Code
Title 7 - Agriculture (Sections 1 - 9097)
Chapter 50 - Agricultural Credit (Sections 1921 - 2009ee-3)
Subchapter IV - Administrative Provisions (Sections 1981 - 2008v)
Sec. 2008f - Crop insurance requirement
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 IV - ADMINISTRATIVE PROVISIONS Sec. 2008f - Crop insurance requirement |
Contains | section 2008f |
Date | 2014 |
Laws In Effect As Of Date | January 5, 2015 |
Positive Law | No |
Disposition | standard |
Source Credit | Pub. L. 87-128, title III, §371, as added Pub. L. 103-354, title I, §119(b), Oct. 13, 1994, 108 Stat. 3208. |
Statutes at Large Reference | 108 Stat. 3208 |
Public and Private Law | Public Law 87-128, Public Law 103-354 |
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As a condition of obtaining any benefit (including a direct loan, loan guarantee, or payment) described in subsection (b), a borrower must obtain at least catastrophic risk protection insurance coverage under section 1508 of this title for the crop and crop year for which the benefit is sought, if the coverage is offered by the Corporation.
(b) Applicable benefitsSubsection (a) shall apply to—
(1) a farm ownership loan (FO) under section 1923 of this title;
(2) an operating loan (OL) under section 1942 of this title; and
(3) an emergency loan (EM) under section 1961 of this title.
(Pub. L. 87–128, title III, §371, as added Pub. L. 103–354, title I, §119(b), Oct. 13, 1994, 108 Stat. 3208.)
EFFECTIVE DATESection effective Oct. 13, 1994, and applicable to provision of crop insurance under Federal Crop Insurance Act (7 U.S.C. 1501 et seq.) beginning with 1995 crop year, with such Act, as in effect on the day before Oct. 13, 1994, to continue to apply with respect to 1994 crop year, see section 120 of Pub. L. 103–354, set out as an Effective Date of 1994 Amendment note under section 1502 of this title.
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