7 U.S.C. § 1998
Guaranteed farm loan programs
Notwithstanding any other provision of this chapter, the Secretary shall ensure that farm loan guarantee programs carried out under this chapter are designed so as to be responsive to borrower and lender needs and to include provisions under reasonable terms and conditions for advances, before completion of the liquidation process, of guarantee proceeds on loans in default.
Notes of Decisions
Cited in 1
case, 1998–1998 · leading case: Fleet Bank of Maine v. Harriman, 1998 ME 275 (Me. 1998).
Fleet Bank of Maine v. Harriman, 1998 ME 275 (Me. 1998). “See 7 U.S.C.A. § 1998 (1988). [¶ 9] The Harrimans were beneficiaries of the guaranty because it allowed them to get a loan they could not have otherwise obtained.”
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