§ 2006a. Borrower training
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/usc/title-7/section-2006aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general The Secretary shall enter into contracts to provide educational training to all borrowers of farmer program direct loans made under this chapter in financial and farm management concepts associated with commercial farming.
(b)Contract
(1)In general The Secretary may contract with State or private providers of farm management and credit counseling services (including a community college, the extension service of a State, a State department of agriculture, or a nonprofit organization) to carry out this section.
(2)Consultation The Secretary may consult with the chief executive officer of a State concerning the identity of the contracting organization and the process for contracting.
(c)Eligibility for loans
(1)In general Subject to paragraph (2), to be eligible to obtain a direct loan under this chapter, a borrower must obtain management assistance under this section, appropriate to the management ability of the borrower (as determined by the appropriate county committee during the determination of eligibility for the loan).
(2)Loan conditions The need of a borrower who satisfies the criteria set out in section 1922(a)(1)(B) or 1941(a)(1)(B) of this title for management assistance under this section shall not be cause for denial of eligibility of the borrower for a direct loan under this chapter.
(d)Guidelines and curriculum The Secretary shall issue regulations establishing guidelines and curriculum for the borrower training program established under this section.
(e)Payment A borrower shall pay for training received under this section, and may use funds from operating loans made under subchapter II to pay for the training.
(f)Waivers
(1)In general The Secretary may waive the requirements of this section for an individual borrower if the Secretary determines that the borrower demonstrates adequate knowledge in areas described in this section.
(2)Criteria The Secretary shall establish criteria providing for the application of paragraph
(1)consistently in all counties nationwide.
(Pub. L. 87–128, title III, § 359, as added Pub. L. 101–624, title XVIII, § 1818(a), Nov. 28, 1990, 104 Stat. 3829; amended Pub. L. 105–277, div. A, § 101(a) [title VIII, § 805(3)], Oct. 21, 1998, 112 Stat. 2681, 2681–39; Pub. L. 107–171, title V, §§ 5316, 5501(c), May 13, 2002, 116 Stat. 348, 351; Pub. L. 113–79, title V, § 5306, Feb. 7, 2014, 128 Stat. 840.)
Connections29 cite this · traces to 3
Cited by 29 sections · top 23
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- Public Law 107–171To provide for the continuation of agricultural programs through fiscal year 2007, 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
- Public Law 105–276Making appropriations for the Departments of Veterans Affairs and Housing and Urban Development, and for sundry independent agencies, boards, commissions, corporations, and offices for the fiscal year ending September 30, 1999, and for other purposes
bill
- Sec. 2Eligibility for farm loans
- Sec. 5306Conforming amendment to borrower training provision, relating to eligibility changes
- Sec. 5306Conforming amendment to borrower training provision, relating to eligibility changes
- Sec. 4306Conforming amendment to borrower training provision, relating to eligibility changes
- Sec. 4306Conforming amendment to borrower training provision, relating to eligibility changes
- Sec. 5306Borrower training
- Sec. 203Borrower training
- Sec. 5507Technical corrections
- Sec. 5501Technical corrections
- Sec. 5508Technical corrections
- Sec. 5508Technical corrections
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14 references not yet in our index
- Pub. L. 87–128, title III, § 359
- Pub. L. 101–624, title XVIII, § 1818(a)
- 104 Stat. 3829
- Pub. L. 105–277, div. A, § 101(a) [title VIII, § 805(3)]
- 112 Stat. 2681
- Pub. L. 107–171, title V
- 116 Stat. 348
- 128 Stat. 840
- Pub. L. 87–128
- 75 Stat. 307
- Pub. L. 107–171, § 5501(c)
- Pub. L. 107–171, § 5316
- Pub. L. 105–277, § 101(a) [title VIII, § 805(3)(A)]
- Pub. L. 105–277, § 101(a) [title VIII, § 805(3)(B)]
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§ 2006a
Borrower training
Bills×11
U.S.C.×10
Stat.×4
Stat. Comp.×2
Pub. L.×1
Fed. Reg.×1
Pub. L.Pub. L. 87–128, title III, § 359
Pub. L.Pub. L. 101–624, title XVIII, § 1818(a)
Stat.104 Stat. 3829
Pub. L.Pub. L. 105–277, div. A, § 101(a) [title VIII, § 805(3)]
Stat.112 Stat. 2681
Cites 17 · showing 8Cited by 29 across 6 sources