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7 U.S.C. § 1987 — Conflicts of interests
Federal law — U.S. Code and appendices · legal_authorities
**(a) Acceptance of fees, commissions, gifts, or other considerations prohibited** No officer, attorney, or other employee of the Secretary shall, directly or indirectly, be the beneficiary of or receive any fee, commission, gift, or other consideration for or in connection with any transaction or business under this chapter other than such salary, fee, or other compensation as he may receive as such officer, attorney, or employee.
**(b) Acquisition of interest in land by certain officers or employees of Department of Agriculture prohibited; 3-year period** Except as otherwise provided in this subsection, no officer or employee of the Department of Agriculture who acts on or reviews an application made by any person under this chapter for a loan to purchase land may acquire, directly or indirectly, any interest in such land for a period of three years after the date on which such action is taken or such review is made. This prohibition shall not apply to a former member of a county committee upon a determination by the Secretary, prior to the acquisition of such interest, that such former member acted in good faith when acting on or reviewing such application.
**(c) Certifications on loans to family members prohibited** No member of a county committee shall knowingly make or join in making any certification with respect to a loan to purchase any land in which he or any person related to him within the second degree of consanguinity or affinity has or may acquire any interest or with respect to any applicant related to him within the second degree of consanguinity or affinity.
**(d) Penalties** Any persons violating any provision of this section shall, upon conviction thereof, be punished by a fine of not more than $2,000 or imprisonment for not more than two years, o
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Source location: Title 7, Chapter 50, § 1987; chapter-050-agricultural-credit.md
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**(a) Acceptance of fees, commissions, gifts, or other considerations prohibited** No officer, attorney, or other employee of the Secretary shall, directly or indirectly, be the beneficiary of or receive any fee, commission, gift, or other consideration for or in connection with any transaction or business under this chapter other than such salary, fee, or other compensation as he may receive as such officer, attorney, or employee.
**(b) Acquisition of interest in land by certain officers or employees of Department of Agriculture prohibited; 3-year period** Except as otherwise provided in this subsection, no officer or employee of the Department of Agriculture who acts on or reviews an application made by any person under this chapter for a loan to purchase land may acquire, directly or indirectly, any interest in such land for a period of three years after the date on which such action is taken or such review is made. This prohibition shall not apply to a former member of a county committee upon a determination by the Secretary, prior to the acquisition of such interest, that such former member acted in good faith when acting on or reviewing such application.
**(c) Certifications on loans to family members prohibited** No member of a county committee shall knowingly make or join in making any certification with respect to a loan to purchase any land in which he or any person related to him within the second degree of consanguinity or affinity has or may acquire any interest or with respect to any applicant related to him within the second degree of consanguinity or affinity.
**(d) Penalties** Any persons violating any provision of this section shall, upon conviction thereof, be punished by a fine of not more than $2,000 or imprisonment for not more than two years, or both.
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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).
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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.
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Federal law — U.S. Code and appendices · legal_authorities
Page 1147
TITLE 7—AGRICULTURE
§ 1988
§ 1986. Conflicts of interests
(a) Acceptance of fees, commissions, gifts, or
other considerations prohibited
No officer, attorney, or other employee of the
Secretary shall, directly or indirectly, be the
beneficiary of or receive any fee, commission,
gift, or other consideration for or in connection
with any transaction or business under this
chapter other than such salary, fee, or other
compensation as he may receive as such officer,
attorney, or employee.
(b) Acquisition of interest in land by certain offi-
cers or employees of Department of Agri-
culture prohibited; 3-year period
Except as otherwise provided in this sub-
section, no officer or employee of the Depart-
ment of Agriculture who acts on or reviews an
application made by any person under this chap-
ter for a loan to purchase land may acquire, di-
rectly or indirectly, any interest in such land
for a period of three years after the date on
which such action is taken or such review is
made. This prohibition shall not apply to a
former member of a county committee upon a
determination by the Secretary, prior to the ac-
quisition of such interest, that such former
member acted in good faith when acting on or
reviewing such application.
(c) Certifications on loans to family members
prohibited
No member of a county committee shall know-
ingly make or join in making any certification
with respect to a loan to purchase any land in
which he or any person related to him within
the second degree of consanguinity or affinity
has or may acquire any interest or with respect
to any applicant related to him within the sec-
ond degree of consanguinity or affinity.
(d) Penalties
Any persons violating any provision of this
section shall, upon conviction the
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