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7 U.S.C. § 1969 — Repealed. Pub. L. 93–24, § 1, Apr. 20, 1973,
Federal law — U.S. Code and appendices · legal_authorities
Page 1121
TITLE 7—AGRICULTURE
§ 1981
§ 1969. Repealed. Pub. L. 93–24, § 1, Apr. 20, 1973,
87 Stat. 24
Section, Pub. L. 87–128, title III, § 328, as added Pub.
L. 92–385, § 5, Aug. 16, 1972, 86 Stat. 557, provided for
emergency loans for major and natural disasters occur-
ring between June 30, 1971, and July 1, 1973, providing
in: subsec. (a) for cancellation of existing loans and the
considerations in making grants, loans, and refinancing
of loans; subsec. (b) for loans for loss or damage to agri-
cultural crops; subsec. (c) for amount of loans and in-
terest rates; subsec. (d) for availability of benefits irre-
spective of age; subsec. (e) for availability of benefits
irrespective of approval date; and subsec. (f) for report
to Congress.
Statutory Notes and Related Subsidiaries
LOANS TO ELIGIBLE APPLICANTS IN AREAS DETERMINED
AS
NATURAL
DISASTER
AREAS
AFTER
JANUARY
1,
1972, AND BEFORE DECEMBER 27, 1972; TIME FOR AC-
CEPTANCE OF APPLICATIONS
Pub. L. 93–24, § 8, Apr. 20, 1973, 87 Stat. 25, provided
that: ‘‘Notwithstanding the repeal herein of section 5 of
Public Law 92–385 [this section], and notwithstanding
any other provision of law, the Secretary of Agri-
culture shall make loans in accordance with the provi-
sions of section 5 of Public Law 92–385 [this section] to
eligible applicants in natural disaster areas determined
or designated by the Secretary of Agriculture where
such determination or designation had been made after
January 1, 1972 and prior to December 27, 1972. The au-
thority to accept applications for such loans shall ex-
pire 18 days after the effective date of this Act [Apr. 20,
1973].’’
CONTINUATION
OF
SECRETARY’S
AUTHORITY
WITH
RE-
SPECT TO NATURAL DISASTERS OCCURRING AFTER DE-
CEMBER 26, 1972, AND PRIOR TO APRIL 20, 1973
Pub. L.
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Page 1121
TITLE 7—AGRICULTURE
§ 1981
§ 1969. Repealed. Pub. L. 93–24, § 1, Apr. 20, 1973,
87 Stat. 24
Section, Pub. L. 87–128, title III, § 328, as added Pub.
L. 92–385, § 5, Aug. 16, 1972, 86 Stat. 557, provided for
emergency loans for major and natural disasters occur-
ring between June 30, 1971, and July 1, 1973, providing
in: subsec. (a) for cancellation of existing loans and the
considerations in making grants, loans, and refinancing
of loans; subsec. (b) for loans for loss or damage to agri-
cultural crops; subsec. (c) for amount of loans and in-
terest rates; subsec. (d) for availability of benefits irre-
spective of age; subsec. (e) for availability of benefits
irrespective of approval date; and subsec. (f) for report
to Congress.
Statutory Notes and Related Subsidiaries
LOANS TO ELIGIBLE APPLICANTS IN AREAS DETERMINED
AS
NATURAL
DISASTER
AREAS
AFTER
JANUARY
1,
1972, AND BEFORE DECEMBER 27, 1972; TIME FOR AC-
CEPTANCE OF APPLICATIONS
Pub. L. 93–24, § 8, Apr. 20, 1973, 87 Stat. 25, provided
that: ‘‘Notwithstanding the repeal herein of section 5 of
Public Law 92–385 [this section], and notwithstanding
any other provision of law, the Secretary of Agri-
culture shall make loans in accordance with the provi-
sions of section 5 of Public Law 92–385 [this section] to
eligible applicants in natural disaster areas determined
or designated by the Secretary of Agriculture where
such determination or designation had been made after
January 1, 1972 and prior to December 27, 1972. The au-
thority to accept applications for such loans shall ex-
pire 18 days after the effective date of this Act [Apr. 20,
1973].’’
CONTINUATION
OF
SECRETARY’S
AUTHORITY
WITH
RE-
SPECT TO NATURAL DISASTERS OCCURRING AFTER DE-
CEMBER 26, 1972, AND PRIOR TO APRIL 20, 1973
Pub. L. 93–237, § 4, Jan. 2, 1974, 87 Stat. 1024, provided
that: ‘‘Notwithstanding the provisions of Public Law
93–24 [which repealed this section], the Secretary of Ag-
riculture shall continue to exercise his authority with
respect to natural disasters which occurred after De-
cember 26, 1972, but prior to April 20, 1973, in accord-
ance with the provisions of section 5 of Public Law
92–385 [this section] as such section was in effect prior
to April 20, 1973.’’
§ 1970. Eligibility for assistance based on produc-
tion loss
The Secretary shall make financial assistance
under this subchapter available to any applicant
seeking assistance based on production losses if
the applicant shows that a single enterprise
which constitutes a basic part of the applicant’s
farming, ranching, or aquaculture operation has
sustained at least a 30 per centum loss of normal
per acre or per animal production, or such lesser
per centum of loss as the Secretary may deter-
mine, as a result of the disaster based upon the
average monthly price in effect for the previous
year and the applicant otherwise meets the con-
ditions of eligibility prescribed under this sub-
chapter. Such loans shall be made available
based upon 80 per centum, or such greater per
centum as the Secretary may determine, of the
total calculated actual production loss sus-
tained by the applicant.
(Pub. L. 87–128, title III, § 329, as added Pub. L.
94–68, § 7, Aug. 5, 1975, 89 Stat. 382; amended Pub.
L. 97–35, title I, § 163, Aug. 13, 1981, 95 Stat. 378.)
Editorial Notes
AMENDMENTS
1981—Pub. L. 97–35 increased specific per centum loss
from 20 to 30, and authorized a lesser per centum loss
pursuant to determinations by the Secretary under ap-
plicable criteria.
§ 1971. Repealed. Pub. L. 99–198, title XIII,
§ 1308(d), Dec. 23, 1985, 99 Stat. 1523
Section, Pub. L. 87–128, title III, § 330, as added Pub.
L. 94–68, § 8, Aug. 5, 1975, 89 Stat. 382; amended Pub. L.
96–438, § 3(b)(2), Oct. 13, 1980, 94 Stat. 1875, authorized ad-
ditional emergency loans.
SUBCHAPTER IV—ADMINISTRATIVE
PROVISIONS
§ 1981. Farmers Home Administration
(a) Appointment and compensation of Adminis-
trator; transfer of powers, duties, and assets
pertaining to agricultural credit
In accordance with section 2006a of this title,
for purposes of this chapter, and for the admin-
istration of assets under the jurisdiction of the
Secretary of Agriculture pursuant to the Farm-
ers Home Administration Act of 1946, as amend-
ed, the Bankhead-Jones Farm Tenant Act, as
amended, the Act of August 28, 1937, as amended,
the Act of April 6, 1949, as amended, the Act of
August 31, 1954, as amended, and the powers and
duties of the Secretary under any other Act au-
thorizing agricultural credit, the Secretary may
assign and transfer such powers, duties, and as-
sets to such officers or agencies of the Depart-
ment of Agriculture as the Secretary considers
appropriate.
(b) Powers of Secretary of Agriculture
The Secretary may—
(1) administer his powers and duties through
such national, area, State, or local offices and
employees in the United States as he deter-
mines to be necessary and may authorize an
office to serve the area composed of two or
more States if he determines that the volume
of business in the area is not sufficient to jus-
tify separate State offices, and until January
1, 1975, make contracts for services incident to
making, insuring, collecting, and servicing
loans and property as determined by the Sec-
retary to be necessary for carrying out the
purposes of this chapter; (and the Secretary
shall prior to June 30, 1974, report to the Con-
gress through the President on the experience
in using such contracts, together with rec-
ommendations for such legislation as he may
see fit);
(2) accept and utilize voluntary and uncom-
pensated services, and, with the consent of the
agency concerned, utilize the officers, employ-
ees, equipment, and information of any agency
of the Federal Government, or of any State,
territory, or political subdivision;
(3) within the limits of appropriations made
therefor, make necessary expenditures for pur-
chase or hire of passenger vehicles, and such
other facilities and services as he may from
time to time find necessary for the proper ad-
ministration of this chapter;
(4) compromise, adjust, reduce, or charge-off
debts or claims (including debts and claims
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Federal law — U.S. Code and appendices · legal_authorities
### Statutory Notes
Section, Pub. L. 87–128, title III, § 328, as added Pub. L. 92–173, Nov. 24, 1971, 85 Stat. 491; amended Pub. L. 93–24, § 5, Apr. 20, 1973, 87 Stat. 25; Pub. L. 95–334, title I, § 109(b), Aug. 4, 1978, 92 Stat. 423, related to insurance of loans.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 1969
Stored review status: release_metadata_unconfirmed. Same stored citation; legal effect and authority still require review.