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Code · STATUTE-COMPILATIONS · Compilation 10317 · Sec. 255

Sec. 255. FARM OPERATING LOAN ELIGIBILITY

102 words·~1 min read·/statute-compilations/comps-10317/sec-255

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## SEC. 255 FARM OPERATING LOAN ELIGIBILITY During the period beginning on the date of the enactment of this Act and ending on December 31, 2002— ####
(1)sections 311(c) and 319 of the Consolidated Farm and Rural Development Act (7 U.S.C. 1941(c), 1949) shall have no force or effect; and ####
(2)in making direct loans under subtitle B of that Act (7 U.S.C. 1941 et seq.), the Secretary shall give priority to a qualified beginning farmer or rancher who has not operated a farm or ranch, or who has operated a farm or ranch for not more than 5 years.
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Sec. 255
FARM OPERATING LOAN ELIGIBILITY
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