7-U.S.C.-1936A
§1936A – Use of Rural Development Loans and Grants For Other Purposes
Pathway
Title 7 > Chapter 50 > Subchapter I > Section 1936a
Details
- Reference: Section 1936a
- Legend: §1936A – Use of Rural Development Loans and Grants For Other Purposes
- USCode Year: 2013
Provision Content
If, after making a loan or a grant described in section 2009d(d) of this title, the Secretary determines that the circumstances under which the loan or grant was made have sufficiently changed to make the project or activity for which the loan or grant was made available no longer appropriate, the Secretary may allow the loan borrower or grant recipient to use property (real and personal) purchased or improved with the loan or grant funds, or proceeds from the sale of property (real and personal) purchased with such funds, for another project or activity that (as determined by the Secretary)—
(1) will be carried out in the same area as the original project or activity;
(2) meets the criteria for a loan or a grant described in section 2009d(d) of this title; and
(3) satisfies such additional requirements as are established by the Secretary.
(Pub. L. 87–128, title III, §310G, as added Pub. L. 107–171, title VI, §6018, May 13, 2002, 116 Stat. 361.)
U.S. Encyclopedia of Law Coverage
7-U.S.C.-1936 in the Legal Encyclopedia: Agriculture
In this entry about 7-U.S.C.-1936, find legal reference material, bibliographies and premiere content related to agriculture in the American Encyclopedia of Law, presenting a comprehensive view of the United States agriculture-specific issues, written by authorities in the field.
7-U.S.C.-1929B in the Legal Encyclopedia: Loans
In this entry about 7-U.S.C.-1929B, find legal reference material, bibliographies and premiere content related to loans in the American Encyclopedia of Law, presenting a comprehensive view of the United States loans-specific issues, written by authorities in the field.
7-U.S.C.-1929-1 in the Legal Encyclopedia: Agricultural Credit
In this entry about 7-U.S.C.-1929-1, find legal reference material, bibliographies and premiere content related to agricultural credit in the American Encyclopedia of Law, presenting a comprehensive view of the United States agricultural credit-specific issues, written by authorities in the field.
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