Statute · United States Code
7 U.S.C. § 1949 — Graduation of borrowers with operating loans or guarantees to private commercial credit
7 U.S.C. § 1949
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
The Secretary shall establish a plan, in coordination with activities under sections 2006a, 2006b, 2006c, and 2006d of this title, to encourage each borrower with an outstanding loan under this subchapter or with respect to whom there is an outstanding guarantee under this subchapter to graduate to private commercial or other sources of credit.
Citator
7 U.S.C. § 1949 — Graduation of borrowers with operating loans or guarantees to private commercial credit is in force in the current edition of the Code, and nothing recorded condemns it.
The Secretary shall establish a plan, in coordination with activities under sections 2006a, 2006b, 2006c, and 2006d of this title, to encourage each borrower with an outstanding loan under this subchapter or with respect to whom there is an outstanding guarantee under this subchapter to graduate to private commercial or other sources of credit.