2017 US Code
Title 16 - Conservation
Chapter 48 - National Aquaculture Policy, Planning, and Development
Sec. 2807 - Capital requirements for aquaculture

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Citation 16 U.S.C. § 2807 (2017)
Section Name §2807. Capital requirements for aquaculture
Section Text (a) Capital requirements study

The Secretaries, through the coordinating group, shall conduct within twelve months after September 26, 1980, a study of the capital requirements of the United States aquaculture industry. The study shall—

(1) document and analyze any capital constraints that affect the development of aquaculture in the United States; and

(2) evaluate the role that appropriate Federal financial assistance does or could play in filling gaps in the normal credit market with respect to aquaculture.


The study will identify the capital needs of the United States aquaculture industry, with emphasis on the needs that are not being filled either in normal credit channels or through government programs for direct loans, loan guarantees, disaster loans, and insurance. Upon its completion, the Secretaries shall submit the results of the study to Congress.

(b) Capital requirements plan

Based on the results of the Capital Requirements Study conducted under subsection (a), and within six months of the completion of the study, the Secretaries shall formulate a plan for acting on the study's findings. The plan shall include: (1) those Federal actions, if any, found to be necessary to meet financial needs unmet through normal credit channels and existing Federal programs; and (2) recommendations, if any, for legislative actions. Upon completion, the plan shall be submitted to Congress.

Source Credit

(Pub. L. 96–362, §8, Sept. 26, 1980, 94 Stat. 1204.)

Publication Title United States Code, 2012 Edition, Supplement 5, Title 16 - CONSERVATION
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 16 - CONSERVATION
CHAPTER 48 - NATIONAL AQUACULTURE POLICY, PLANNING, AND DEVELOPMENT
Sec. 2807 - Capital requirements for aquaculture
Contains section 2807
Date 2017
Laws In Effect As Of Date January 12, 2018
Positive Law No
Disposition standard
Statutes at Large References 94 Stat. 1204
Public Law References Public Law 96-362
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