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Code · STATUTE-COMPILATIONS · Consolidated Farm and Rural Development Act · Sec. 331B

Sec. 331B. **[**[7 U.S.C. 1981b](/us/usc/t7/s1981b)**]**

159 words·~1 min read·/statute-compilations/comps-10243/sec-331b

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## Sec. 331B **[**[7 U.S.C. 1981b](/us/usc/t7/s1981b)**]** Any loan for farm ownership purposes under subtitle A of this title, farm operating purposes under subtitle B of this title, or disaster emergency purposes under subtitle C of this title, other than a guaranteed loan, that is deferred, consolidated, rescheduled, or reamortized under this title shall, notwithstanding any other provision of this title, bear interest on the balance of the original loan and for the term of the original loan at a rate that is the lowest of— ####
(1)the rate of interest on the original loan; ####
(2)the rate being charged by the Secretary for loans, other than guaranteed loans, of the same type at the time at which the borrower applies for a deferral, consolidation, rescheduling, or reamortization; or ####
(3)the rate being charged by the Secretary for loans, other than guaranteed loans, of the same type at the time of the deferral, consolidation, rescheduling, or reamortization.
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Sec. 331B
**[**[7 U.S.C. 1981b](/us/usc/t7/s1981b)**]**
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