7 U.S.C. § 1993
Title 7
Chapter 50
Current through PL 116-220
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Last updated: March 30, 2026
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§ 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
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