Title 7 — Agriculture
Chapter 50 — Agricultural Credit
§ 1982. Relief for mobilized military reservists from certain agricultural loan obligations
Statutory text
Definition of mobilized military reservist
In this section, the term “mobilized military reservist” means an individual who—
is on active duty under section 688, 12301(a), 12301(g), 12302, 12304, 12306, or 12406, or chapter 13 of title 10, or any other provision of law during a war or during a national emergency declared by the President or Congress, regardless of the location at which the active duty service is performed; or
in the case of a member of the National Guard, is on full-time National Guard duty (as defined in section 101(d)(5) of title 10) under a call to active service authorized by the President or the Secretary of Defense for a period of more than 30 consecutive days under section 502(f) of title 32 for purposes of responding to a national emergency declared by the President and supported by Federal funds.
Forgiveness of interest payments due while borrower is a mobilized military reservist
Any requirement that a borrower of a direct loan made under this chapter make any interest payment on the loan that would otherwise be required to be made while the borrower is a mobilized military reservist is rescinded.
Deferral of principal payments due while or after borrower is a mobilized military reservist
The due date of any payment of principal on a direct loan made to a borrower under this chapter that would otherwise be required to be made while or after the borrower is a mobilized military reservist is deferred for a period equal in length to the period for which the borrower is a mobilized military reservist.
Nonaccrual of interest
Interest on a direct loan made to a borrower described in this section shall not accrue during the period the borrower is a mobilized military reservist.
Borrower not considered to be delinquent or receiving debt forgiveness
Notwithstanding section 2008h of this title or any other provision of this chapter, a borrower who receives assistance under this section shall not, as a result of the assistance, be considered to be delinquent or receiving debt forgiveness for purposes of receiving a direct or guaranteed loan under this chapter.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Agricultural Act of 1961
Pub. L. 87–128 title III § 332 · 75 Stat. 294
Enacted · 7 U.S.C. § 1982
Pub. L. 87–128, title III, § 332, as added Pub. L. 108–375, div. A, title VI, § 664, Oct. 28, 2004, 118 Stat. 1974
Source evidence
Code source credit
Pub. L. 87–128, title III, § 332, as added Pub. L. 108–375, div. A, title VI, § 664, Oct. 28, 2004, 118 Stat. 1974Enacted provision · exact public law section
Sec. 332. (a) The Secretary is authorized and directed to appoint in each county or area in which activities are carried on under this title, a county committee composed of three individuals residing in the county or area, at least two of whom at the time of appointment shall be farmers deriving the principal part of their income from farming. Committee appointments shall be for a term of three years except that the first appointments for any new committee shall be for one-, two-, and three-year periods, respectively, so as to provide continuity of committee membership. The Secretary may appoint alternate committeemen. The members of the committee and their alternates shall be removable for cause by the Secretary. (b) The rates of compensation, the number of days per month each member may be paid, and the amount to be allowed for necessary travel and subsistence expenses, shall be determined and paid by the Secretary. (c) The committee shall meet on the call of the chairman elected by the committee or on the call of such other person as the Secretary may designate. Two members of the committee shall constitute a quorum. The Secretary shall prescribe rules governing the procedure of the committees and their duties, furnish forms and equipment necessary, and authorize and provide for the compensation of such clerical assistance as he finds may be required by any committee.John S. McCain National Defense Authorization Act for Fiscal Year 2019
Pub. L. 115–232 div. A title XII § 1204(a)(2) · 132 Stat. 1636
Substituted · 7 U.S.C. § 1982(a)(1)
Pub. L. 115–232 substituted “chapter 13” for “chapter 15”
Source evidence
Code amendment note
Subsec. (a)(1). Pub. L. 115–232 substituted “chapter 13” for “chapter 15”.Enacted provision · exact public law section
(2) Section 332(a)(1) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1982(a)(1)).
2 of 2 references resolved to an enrolled provision
Editorial Notes
References in Text
This chapter, referred to in subsecs. (b), (c), and (e), was in the original “this title”, meaning title III of Pub. L. 87–128, , 75 Stat. 307, known as the Consolidated Farm and Rural Development Act. For complete classification of title III to the Code, see Short Title note set out under section 1921 of this title and Tables.
Prior Provisions
A prior section 1982, Pub. L. 87–128, title III, § 332, , 75 Stat. 314; Pub. L. 99–198, title XIII, § 1311, , 99 Stat. 1524; Pub. L. 100–233, title VI, § 607, , 101 Stat. 1667; Pub. L. 101–624, title XVIII, § 1809, , 104 Stat. 3820; Pub. L. 102–554, § 11, , 106 Stat. 4151, related to county committees, prior to repeal by Pub. L. 103–354, title II, § 227(b)(1), , 108 Stat. 3218.
Amendments
2018—Subsec. (a)(1). Pub. L. 115–232 substituted “chapter 13” for “chapter 15”.
Credits
2004–2018 · 2 acts
- 2004Pub. L. 87–128, title III, § 332, as added Pub. L. 108–375, div. A, title VI, § 664, , 118 Stat. 1974
- 2018amended Pub. L. 115–232, div. A, title XII, § 1204(a)(2), , 132 Stat. 2017.
Show as published
(Pub. L. 87–128, title III, § 332, as added Pub. L. 108–375, div. A, title VI, § 664, , 118 Stat. 1974; amended Pub. L. 115–232, div. A, title XII, § 1204(a)(2), , 132 Stat. 2017.)