Sec. 5504. Qualified loan definition
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Section 8.0(7) of the Farm Credit Act of 1971 ( 12 U.S.C. 2279aa(7) ) is amended— in subparagraph (B)— in the matter preceding clause (i), by striking pursuant to the Consolidated Farm and Rural Development Act ( ; and 7 U.S.C. 1921 et seq. ) in clause (ii), by striking or at the end; in subparagraph (C)— by striking for an electric or telephone facility by a cooperative lender to a borrower that has received, or is eligible to receive, a loan under and inserting made or guaranteed for a purpose provided in ; and by striking the period at the end and inserting or title IX of the Farm Security and Rural Investment Act of 2002 ( ; and 7 U.S.C. 8101 et seq. ); or by adding at the end the following: that is a loan, or an interest in a loan, to a borrower residing in the United States for aggregating, processing, manufacturing, storing, transporting, wholesaling, or distributing an agricultural commodity or product within the United States. .
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