§ 1981e. Planting and production history guidelines
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/usc/title-7/section-1981eA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general The Secretary shall ensure that appropriate procedures, including to the extent practicable onsite inspections, or use of county or State yield averages, are used in calculating future yields for an applicant for a loan, when an accurate projection cannot be made because the applicant’s past production history has been affected by natural disasters declared under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.).
(b)Calculation of yields
(1)In general For purposes of averaging past yields of the farm of a borrower or applicant over a period of crop years to calculate future yields for the farm under this chapter (except for loans under subchapter III), the Secretary shall permit the borrower or applicant to exclude the crop year with the lowest actual or county average yield for the farm from the calculation, if the borrower or applicant was affected by a disaster during at least 2 of the crop years during the period.
(2)Affected by a disaster For purposes of paragraph (1), a borrower or applicant was affected by a disaster if the Secretary finds that the borrower or applicant’s farming operations have been substantially affected by a natural disaster in the United States or by a major disaster or emergency designated by the President under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.), including a borrower or applicant who has a qualifying loss but is not located in a designated or declared disaster area.
(3)Application of subsection Paragraph
(1)shall apply to all actions taken by the Secretary to carry out this chapter (except for loans under subchapter III) that involve the yields of a farm of a borrower or applicant, including making loans and loan guarantees, servicing loans, and making credit sales.
(Pub. L. 87–128, title III, § 331E, as added Pub. L. 100–233, title VI, § 606, Jan. 6, 1988, 101 Stat. 1667; amended Pub. L. 102–237, title V, § 501(d)(1), Dec. 13, 1991, 105 Stat. 1866; Pub. L. 102–552, title V, § 516(g)(1), Oct. 28, 1992, 106 Stat. 4138.)
Connections10 cite this · traces to 3
Cited by 10 sections · top 7
statutes-at-large
- Public Law 102–237To make technical corrections to agricultural laws
- Public Law 102–552To enhance the financial safety and soundness of the banks and associations of the Farm Credit System, and for other purposes
- Public Law 100–233To provide credit assistance to farmers, to strengthen the Farm Credit System, to facilitate the establishment of secondary markets for agricultural loans, and for other purposes
- Public Law 101–624To extend and revise agricultural price support and related programs, to provide for agricultural export, resource conservation, farm credit, and agricultural research and related programs, to ensure consumers an abundance of food and fiber at reasonable prices, and for other purposes
statute-compilations
Traces to 3 documents
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- Pub. L. 87–128, title III, § 331E
- Pub. L. 100–233, title VI, § 606
- 101 Stat. 1667
- Pub. L. 102–237, title V, § 501(d)(1)
- 105 Stat. 1866
- Pub. L. 102–552, title V, § 516(g)(1)
- 106 Stat. 4138
- Pub. L. 93–288
- 88 Stat. 143
- Pub. L. 87–128
- 75 Stat. 307
- Pub. L. 102–552, § 516(g)(1)(A)
- Pub. L. 102–552, § 516(g)(1)(B)
- Pub. L. 102–237
- Pub. L. 102–552, title V, § 516(g)(2)
- Public Law 102–237
- Pub. L. 102–237, title V, § 501(d)(3)
- 105 Stat. 1867
- Pub. L. 102–237, title V, § 501(d)(2)
Citation graph
cites case law
§ 1981e
Planting and production history guidelines
Stat.×7
Fed. Reg.×2
Stat. Comp.×1
Pub. L.Pub. L. 87–128, title III, § 331E
Pub. L.Pub. L. 100–233, title VI, § 606
Stat.101 Stat. 1667
Pub. L.Pub. L. 102–237, title V, § 501(d)(1)
Stat.105 Stat. 1866
Cites 22 · showing 8Cited by 10 across 3 sources