Browse Arkansas Code titles and sections
7 U.S.C. § 8735 — Term of loans
Federal law — U.S. Code and appendices · legal_authorities
**(a) Term of loan** In the case of each loan commodity, a marketing assistance loan under [section 8731 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section8731&num=0&edition=prelim) shall have a term of 9 months beginning on the first day of the first month after the month in which the loan is made.
**(b) Extensions prohibited** The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 8735
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: dca890a2d550f49545171ec5b61074bc3b94e7872e6b63532fee443e4cc32ab1. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_39e8b3eb7f2f8fdc08efd409
Source file: Laws/federal/codes/united-states-code/title-7/section-8735-term-of-loans--d8a5272898.md
Pages: Not recorded – Not recorded
Passage SHA-256: b06757edb6a14fd0bb9abbeca664066512fb1702b60244b7137e6bcec008665c
Source location: Title 7, Chapter 113, § 8735; chapter-113-agricultural-commodity-support-programs.md
Stored source content
**(a) Term of loan** In the case of each loan commodity, a marketing assistance loan under [section 8731 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section8731&num=0&edition=prelim) shall have a term of 9 months beginning on the first day of the first month after the month in which the loan is made.
**(b) Extensions prohibited** The Secretary may not extend the term of a marketing assistance loan for any loan commodity.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Definitions** In this section:
(1) **Agricultural commodity** — The term “agricultural commodity” has the meaning given the term in [section 5602 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section5602&num=0&edition=prelim).
(2) **Geographically disadvantaged farmer or rancher** — The term “geographically disadvantaged farmer or rancher” has the meaning given the term in section 10906(a) of the Farm Security and Rural Investment Act of 2002 ([7 U.S.C. 2204](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section2204&num=0&edition=prelim) note; Public Law 107–171).
**(b) Authorization** Subject to the availability of funds under subsection (d), the Secretary may provide geographically disadvantaged farmers or ranchers direct reimbursement payments for activities described in subsection (c).
**(c) Transportation**
(1) **In general** — Subject to paragraphs (2) and (3), the Secretary may provide direct reimbursement payments to a geographically disadvantaged farmer or rancher to transport an agricultural commodity, or inputs used to produce an agricultural commodity, during a fiscal year.
(2) **Proof of eligibility** — To be eligible to receive assistance under paragraph (1), a geographically disadvantaged farmer or rancher shall demonstrate to the Secretary that transportation of the agricultural commodity or inputs occurred over a distance of more than 30 miles, as determined by the Secretary.
(3) **Amount**
(A) *In general* — Subject to paragraph (2), the amount of direct reimbursement payments made to a geographically disadvantaged farmer or rancher under this section for a fiscal year shall equal the product obtained by multiplying—
(i) the amount of costs incurred by the geographically di
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 8701
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Calculation method** Subject to subsections (b) and (c), for the purposes of determining the amount of the counter-cyclical payments to be paid to the producers on a farm for long grain rice and medium grain rice under section 8714 11 See References in Text note below. of this title, the base acres of rice on the farm shall be apportioned using the 4-year average of the percentages of acreage planted in the applicable State to long grain rice and medium grain rice during the 2003 through 2006 crop years, as determined by the Secretary.
**(b) Producer election** As an alternative to the calculation method described in subsection (a), the Secretary shall provide producers on a farm the opportunity to elect to apportion rice base acres on the farm using the 4-year average of—
(1) the percentages of acreage planted on the farm to long grain rice and medium grain rice during the 2003 through 2006 crop years;
(2) the percentages of any acreage on the farm that the producers were prevented from planting to long grain rice and medium grain rice during the 2003 through 2006 crop years because of drought, flood, other natural disaster, or other condition beyond the control of the producers, as determined by the Secretary; and
(3) in the case of a crop year for which a producer on a farm elected not to plant to long grain and medium grain rice during the 2003 through 2006 crop years, the percentages of acreage planted in the applicable State to long grain rice and medium grain rice, as determined by the Secretary.
**(c) Limitation** In carrying out this section, the Secretary shall use the same total base acres, payment acres, and payment yields established with respect to rice under sections 7911 and 7912 of this title, as in effect on September 30, 2007, subject to an
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 8731
Stored review status: release_metadata_unconfirmed. Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
**(a) Eligible producers**
(1) **In general** — Effective for the 2008 through 2012 crop years, in the case of a producer that would be eligible for a loan deficiency payment under [section 8735 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section8735&num=0&edition=prelim) for wheat, barley, or oats, but that elects to use acreage planted to the wheat, barley, or oats for the grazing of livestock, the Secretary shall make a payment to the producer under this section if the producer enters into an agreement with the Secretary to forgo any other harvesting of the wheat, barley, or oats on that acreage.
(2) **Grazing of triticale acreage** — Effective for the 2008 through 2012 crop years, with respect to a producer on a farm that uses acreage planted to triticale for the grazing of livestock, the Secretary shall make a payment to the producer under this section if the producer enters into an agreement with the Secretary to forgo any other harvesting of triticale on that acreage.
**(b) Payment amount**
(1) **In general** — The amount of a payment made under this section to a producer on a farm described in subsection (a)(1) shall be equal to the amount determined by multiplying—
(A) the loan deficiency payment rate determined under [section 8735(c) of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section8735/c&num=0&edition=prelim) in effect, as of the date of the agreement, for the county in which the farm is located; by
(B) the payment quantity determined by multiplying—
(i) the quantity of the grazed acreage on the farm with respect to which the producer elects to forgo harvesting of wheat, barley, or oats; and
(ii) the payment yield in effect for the calculation of direct payment
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 8738
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 2231
TITLE 7—AGRICULTURE
§ 8735
(h) Authority to temporarily adjust repayment
rates
(1) Adjustment authority
In the event of a severe disruption to mar-
keting, transportation, or related infrastruc-
ture, the Secretary may modify the repay-
ment rate otherwise applicable under this sec-
tion for marketing assistance loans under sec-
tion 8731 of this title for a loan commodity.
(2) Duration
Any adjustment made under paragraph (1) in
the repayment rate for marketing assistance
loans for a loan commodity shall be in effect
on a short-term and temporary basis, as deter-
mined by the Secretary.
(Pub. L. 110–234, title I, § 1204, May 22, 2008, 122
Stat. 956; Pub. L. 110–246, § 4(a), title I, § 1204,
June 18, 2008, 122 Stat. 1664, 1684.)
Editorial Notes
REFERENCES IN TEXT
The date of enactment of this Act, referred to in sub-
sec. (e)(2)(B), is the date of enactment of Pub. L.
110–246, which was approved June 18, 2008.
CODIFICATION
Pub. L. 110–234 and Pub. L. 110–246 enacted identical
sections. Pub. L. 110–234 was repealed by section 4(a) of
Pub. L. 110–246.
Statutory Notes and Related Subsidiaries
EFFECTIVE DATE
Enactment of this section 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 a note under section 8701 of
this title.
§ 8735. Loan deficiency payments
(a) Availability of loan deficiency payments
(1) In general
Except as provided in subsection (d), the
Secretary may make loan deficiency payments
available to producers on a farm that, al-
though eligible to obtain a marketing assist-
ance loan under section 8731 of this title with
respect to a loan commodity, agree to forgo
obtaining the loan for the commodity in re-
turn f
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 8735
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.