§ 7284. Personal liability of producers for deficiencies

Footnotes

1. 1 So in original. Probably should be followed by a comma.

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.

1. 1996

   Agricultural Market Transition Act

   Pub. L. 104–127 title I § 164 · 110 Stat. 888

   Enacted · 7 U.S.C. § 7284

   Pub. L. 104–127, title I, § 164, Apr. 4, 1996, 110 Stat. 935

   Source evidence

   Code source credit
   Pub. L. 104–127, title I, § 164, Apr. 4, 1996, 110 Stat. 935

   Enacted provision · exact public law section
   SEC. 164. PERSONAL LIABILITY OF PRODUCERS FOR DEFICIENCIES. (a) In General.— Except as provided in subsection (b), no producer shall be personally liable for any deficiency arising from the sale of the collateral securing any nonrecourse loan made under this title unless the loan was obtained through a fraudulent representation by the producer. (b) Limitations.— Subsection (a) shall not prevent the Commodity Credit Corporation or the Secretary from requiring a producer to assume liability for— (1) a deficiency in the grade, quality, or quantity of a commodity stored on a farm or delivered by the producer; (2) a failure to properly care for and preserve a commodity; or (3) a failure or refusal to deliver a commodity in accordance with a program established under this title. (c) Acquisition of Collateral.— In the case of a nonrecourse loan made under this title or the Commodity Credit Corporation Charter Act (15 U.S.C. 714 et seq.), if the Commodity Credit Corporation acquires title to the unredeemed collateral, the Corporation shall be under no obligation to pay for any market value that the collateral may have in excess of the loan indebtedness. (d) Sugarcane and Sugar Beets.— A security interest obtained by the Commodity Credit Corporation as a result of the execution of a security agreement by the processor of sugarcane or sugar beets shall be superior to all statutory and common law liens on raw cane sugar and refined beet sugar in favor of the producers of sugarcane and sugar beets and all prior recorded and unrecorded liens on the crops of sugarcane and sugar beets from which the sugar was derived.

2. 2002

   Pub. L. 107–171 title I § 1607 · 116 Stat. 134

   Substituted · 7 U.S.C. § 7284(a); 7 U.S.C. § 7284(b)(3); 7 U.S.C. § 7284(c)

   Pub. L. 107–171 substituted “this chapter and title I of the Farm Security and Rural Investment Act of 2002” for “this chapter”

   Source evidence

   Code amendment note
   Subsecs. (a), (b)(3), (c). Pub. L. 107–171 substituted “this chapter and title I of the Farm Security and Rural Investment Act of 2002” for “this chapter”.

   Enacted provision · exact public law section
   SEC. 1607. PERSONAL LIABILITY OF PRODUCERS FOR DEFICIENCIES. Section 164 of the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7284) is amended by striking “this title” each places it appears and inserting “this title and title I of the Farm Security and Rural Investment Act of 2002”.

3. 2008

   Food, Conservation, and Energy Act of 2008

   Pub. L. 110–246 § 1606 · 122 Stat. 1651

   Substituted · 7 U.S.C. § 7284(a); 7 U.S.C. § 7284(b)(3); 7 U.S.C. § 7284(c)

   Pub. L. 110–246, § 1606, substituted “title I of the Farm Security and Rural Investment Act of 2002, and title I of the Food, Conservation, and Energy Act of 2008” for “and title I of the Farm Security and Rural Investment Act of 2002”

   Source evidence

   Code amendment note
   Subsecs. (a), (b)(3), (c). Pub. L. 110–246, § 1606, substituted “title I of the Farm Security and Rural Investment Act of 2002, and title I of the Food, Conservation, and Energy Act of 2008” for “and title I of the Farm Security and Rural Investment Act of 2002”.

   Enacted provision · exact public law section
   SEC. 1606. PERSONAL LIABILITY OF PRODUCERS FOR DEFICIENCIES.   Section 164 of the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7284) is amended by striking “and title I of the Farm Security and Rural Investment Act of 2002” each place it appears and inserting “title I of the Farm Security and Rural Investment Act of 2002, and title I of the Food, Conservation, and Energy Act of 2008”.

   Effective date note
   Amendment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as an Effective Date note under section 8701 of this title.

4. 2014

   Agricultural Act of 2014

   Pub. L. 113–79 title I § 1607 · 128 Stat. 649

   Substituted · 7 U.S.C. § 7284(a); 7 U.S.C. § 7284(b)(3); 7 U.S.C. § 7284(c)

   Pub. L. 113–79 substituted “title I of the Food, Conservation, and Energy Act of 2008, and title I of the Agricultural Act of 2014” for “and title I of the Food, Conservation, and Energy Act of 2008”

   Source evidence

   Code amendment note
   Subsecs. (a), (b)(3), (c). Pub. L. 113–79 substituted “title I of the Food, Conservation, and Energy Act of 2008, and title I of the Agricultural Act of 2014” for “and title I of the Food, Conservation, and Energy Act of 2008”.

   Enacted provision · exact public law section
   SEC. 1607. PERSONAL LIABILITY OF PRODUCERS FOR DEFICIENCIES.   Section 164 of the Federal Agriculture Improvement and Reform Act of 1996 (7 U.S.C. 7284) is amended by striking “and title I of the Food, Conservation, and Energy Act of 2008” each place it appears and inserting “title I of the Food, Conservation, and Energy Act of 2008 (7 U.S.C. 8702 et seq.), and title I of the Agricultural Act of 2014”.

4 of 4 references resolved to an enrolled provision