Sec. 204. Expanded loans for farm equipment
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Section 316(a) of the Consolidated Farm and Rural Development Act ( 7 U.S.C. 1946(a) ) is amended by adding at the end the following: Notwithstanding subtitle A or this subtitle, the liability for a farm ownership loan or a farm operating loan under those subtitles to a cooperative of family farm farmers shall not be required to attach to the individual members of the cooperative, as determined by the Secretary. . Section 5(a) of the Commodity Credit Corporation Charter Act ( 16 U.S.C. 714c(a) ) is amended by inserting before the period at the end the following: , including farm storage facility loans to farmers for agriculturally related, nonfarm enterprises that support agricultural operations (as determined by the Secretary) .
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- 16 USC 714c(a)
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