Sec. 5306. SOCIALLY DISADVANTAGED FARMERS AND RANCHERS; QUALIFIED BEGINNING FARMERS AND RANCHERS
118 words·~1 min read·
/statute-compilations/comps-15214/sec-5306A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 5306 SOCIALLY DISADVANTAGED FARMERS AND RANCHERS; QUALIFIED BEGINNING FARMERS AND RANCHERS The Consolidated Farm and Rural Development Act is amended by inserting after section 366 (as added by section 5305) the following: > > ## “SEC. SEC. 367 SOCIALLY DISADVANTAGED FARMERS AND RANCHERS; QUALIFIED BEGINNING FARMERS AND RANCHERS > > **[**[7 U.S.C. 2008b](/us/usc/t7/s2008b)**]** > > In the case of a loan guaranteed by the Secretary under subtitle A or B to a socially disadvantaged farmer or rancher (as defined in section 355(e)) or a qualified beginning farmer or rancher, the Secretary may provide for a standard guarantee plan, which shall cover an amount equal to 95 percent of the outstanding principal of the loan.” > .
Connectionstraces to 1
Traces to 1 document
Citation graph
cites case law
Sec. 5306
SOCIALLY DISADVANTAGED FARMERS AND RANCHERS; QUALIFIED BEGINNING FARMERS AND RANCHERS
Cites 1Cited by 0 across 0 sources