7 USC 7231 - Availability of nonrecourse marketing assistance loans

U.S Code last checked for updates: May 05, 2024

§ 7231.

Availability of nonrecourse marketing assistance loans

(a)

Nonrecourse loans available

(b)

Eligible production

The following production shall be eligible for a marketing assistance loan under subsection (a):

(1)

In the case of a marketing assistance loan for a contract commodity, any production by a producer on a farm containing eligible cropland covered by a production flexibility contract.

(2)

In the case of a marketing assistance loan for extra long staple cotton and oilseeds, any production.

(c)

Compliance with conservation and wetlands requirements

(d)

Additional outlays prohibited

(Pub. L. 104–127, title I, § 131, Apr. 4, 1996, 110 Stat. 905.)

cite as: 7 USC 7231