Skip to content

7 U.S.C. § 1993

Title 7 Chapter 50 Current through PL 119-73 Last updated: March 29, 2026 View on OLRC →
Sections in this chapter

§ 1993. Transition to private commercial or other sources of credit

  • (a) In making or insuring a farm loan under subchapter I or II, the Secretary shall establish a plan and promulgate regulations (including performance criteria) that promote the goal of transitioning borrowers to private commercial credit and other sources of credit in the shortest period of time practicable.
  • (b) In carrying out this section, the Secretary shall integrate and coordinate the transition policy described in subsection (a) with—
    • (1) the borrower training program established by section 2006a of this title ;
    • (2) the loan assessment process established by section 2006b of this title ;
    • (3) the supervised credit requirement established by section 2006c of this title ;
    • (4) the market placement program established by section 2006d of this title ; and
    • (5) other appropriate programs and authorities, as determined by the Secretary.

Change History

No history yet for this section.