Sec. 345. TRANSITION TO PRIVATE COMMERCIAL OR OTHER SOURCES OF CREDIT

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## SEC. 345 TRANSITION TO PRIVATE COMMERCIAL OR OTHER SOURCES OF CREDIT **[**[7 U.S.C. 1993](/us/usc/t7/s1993)**]** ###

(a)In General In making or insuring a farm loan under subtitle A or B, 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)Coordination 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 359; ####

(2)the loan assessment process established by section 360; ####

(3)the supervised credit requirement established by section 361; ####

(4)the market placement program established by section 362; and ####

(5)other appropriate programs and authorities, as determined by the Secretary.

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U.S. Code

Transition to private commercial or other sources of credit
§ 1993

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Sec. 345

TRANSITION TO PRIVATE COMMERCIAL OR OTHER SOURCES OF CREDIT

U.S.C.§ 1993

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