2019 US Code
Title 7 - Agriculture
Chapter 50 - Agricultural Credit
Subchapter IV - Administrative Provisions
Sec. 2008g - Payment of interest as condition of loan servicing for borrowers

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Citation 7 U.S.C. § 2008g (2019)
Section Name §2008g. Payment of interest as condition of loan servicing for borrowers
Section Text

The Secretary may not reschedule or reamortize a loan for a borrower under this chapter who has not requested consideration under section 1981d(e) of this title unless the borrower pays a portion, as determined by the Secretary, of the interest due on the loan.

Source Credit

(Pub. L. 87–128, title III, §372, as added Pub. L. 104–127, title VI, §648(a), Apr. 4, 1996, 110 Stat. 1104.)

Editorial Notes REFERENCES IN TEXT

This chapter, referred to in text, was in the original "this title", meaning title III of Pub. L. 87–128, Aug. 8, 1961, 75 Stat. 307, known as the Consolidated Farm and Rural Development Act, which is classified principally to this chapter. For complete classification of title III to the Code, see Short Title note set out under section 1921 of this title and Tables.

EFFECTIVE DATE

Section effective 90 days after Apr. 4, 1996, see section 663(b) of Pub. L. 104–127, set out as an Effective Date of 1996 Amendment note under section 1922 of this title.

Publication Title United States Code, 2018 Edition, Supplement 1, 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. 2008g - Payment of interest as condition of loan servicing for borrowers
Contains section 2008g
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 75 Stat. 307
110 Stat. 1104
Public Law References Public Law 87-128, Public Law 104-127
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