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7 U.S.C. § 2006b — Borrower training
Federal law — U.S. Code and appendices · legal_authorities
**(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 require
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Stable record: federal_law:legal_authorities:record_usc_0f3788cba2f5f29573f8423b
Source file: Laws/federal/codes/united-states-code/title-7/section-2006b-borrower-training--d9f33ea348.md
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Source location: Title 7, Chapter 50, § 2006b; chapter-050-agricultural-credit.md
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**(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.
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section 2009ee, Pub. L. 107–171, title VI, § 6301, May 13, 2002, 116 Stat. 421, defined terms.
Section 2009ee–1, Pub. L. 107–171, title VI, § 6302, May 13, 2002, 116 Stat. 422, related to SEARCH grant program. See [section 1926 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section1926&num=0&edition=prelim).
Section 2009ee–2, Pub. L. 107–171, title VI, § 6303, May 13, 2002, 116 Stat. 424, related to annual report on projects.
Section 2009ee–3, Pub. L. 107–171, title VI, § 6304, May 13, 2002, 116 Stat. 424, related to funding.
#### Codification
Pub. L. 110–234 and Pub. L. 110–246 repealed this subchapter. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246.
#### Effective Date of Repeal
Repeal of this subchapter and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as an Effective Date note under [section 8701 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section8701&num=0&edition=prelim).
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1921
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Federal law — U.S. Code and appendices · legal_authorities
In the administration of this chapter, the Secretary shall, to the extent practicable, use underwriting forms, standards, practices, and terminology similar to the forms, standards, practices, and terminology used by lenders in the private sector.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1982
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Applications; time for action by Secretary; notice; statement of reasons**
(1) The Secretary shall approve or disapprove an application for a loan or loan guarantee made under this chapter, and notify the applicant of such action, not later than 60 days after the Secretary has received a complete application for such loan or loan guarantee.
(2)
(A) If an application for a loan or loan guarantee under this chapter (other than under subchapter II) is incomplete, the Secretary shall inform the applicant of the reasons such application is incomplete not later than 20 days after the Secretary has received such application.
(B)
(i) Not later than 10 calendar days after the Secretary receives an application for an operating loan or loan guarantee under subchapter II, the Secretary shall notify the applicant of any information required before a decision may be made on the application. On receipt of an application, the Secretary shall request from other parties such information as may be needed in connection with the application.
(ii) Not later than 15 calendar days after the date an agency of the Department of Agriculture receives a request for information made pursuant to clause (i), the agency shall provide the Secretary with the requested information.
(iii) If, not later than 20 calendar days after the date a request is made pursuant to clause (i) with respect to an application, the Secretary has not received the information requested, the Secretary shall notify the applicant and the district office of the Farmers Home Administration, in writing, of the outstanding information.
(iv) A county office shall notify the district office of the Farmers Home Administration of each application for an operating loan or loan guarantee under subchapter
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1983b
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Federal law — U.S. Code and appendices · legal_authorities
**(a) In general** In making or insuring a farm loan under subchapter I or II, the Secretary shall establish a plan and promulgate regulations (including performance criteria) that promote the goal of transitioning borrowers to private commercial credit and other sources of credit in the shortest period of time practicable.
**(b) Coordination** In carrying out this section, the Secretary shall integrate and coordinate the transition policy described in subsection (a) with—
(1) the borrower training program established by [section 2006a of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006a&num=0&edition=prelim);
(2) the loan assessment process established by [section 2006b of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006b&num=0&edition=prelim);
(3) the supervised credit requirement established by [section 2006c of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006c&num=0&edition=prelim);
(4) the market placement program established by [section 2006d of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2006d&num=0&edition=prelim); and
(5) other appropriate programs and authorities, as determined by the Secretary.
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Federal law — U.S. Code and appendices · legal_authorities
Page 1173
TITLE 7—AGRICULTURE
§ 2006b
§ 2006a. Borrower training
(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 con-
cepts 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 com-
munity college, the extension service of a
State, a State department of agriculture, or a
nonprofit organization) to carry out this sec-
tion.
(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 ob-
tain a direct loan under this chapter, a bor-
rower must obtain management assistance
under this section, appropriate to the manage-
ment 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 cri-
teria set out in section 1922(a)(1)(B) or
1941(a)(1)(B) of this title for management as-
sistance 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 estab-
lishing guidelines and curriculum for the bor-
rower training program established under this
section.
(e) Payment
A borrower shall pay for training received
under this section, and may use funds from oper-
ating loans made under subchapter II to pay for
the training.
(f
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 2006b
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