Title 7AgricultureRelease 119-73

§2009cc–2 Establishment

Title 7 › Chapter CHAPTER 50— - AGRICULTURAL CREDIT › Subchapter SUBCHAPTER VIII— - RURAL BUSINESS INVESTMENT PROGRAM › § 2009cc–2

Last updated Apr 6, 2026|Official source

Summary

Creates a Rural Business Investment Program. The Secretary can sign participation agreements with approved companies, guarantee debentures those rural investment companies issue, and provide grants to those companies and other entities.

Full Legal Text

Title 7, §2009cc–2

Agriculture — Source: USLM XML via OLRC

In accordance with this subchapter, the Secretary shall establish a Rural Business Investment Program, under which the Secretary may—
(1)enter into participation agreements with companies granted final approval under section 2009cc–3(e) of this title for the purposes set forth in section 2009cc–1 of this title;
(2)guarantee the debentures issued by rural business investment companies as provided in section 2009cc–4 of this title; and
(3)make grants to rural business investment companies, and to other entities, under section 2009cc–7 of this title.

Reference

Citations & Metadata

Citation

7 U.S.C. § 2009cc–2

Title 7Agriculture

Last Updated

Apr 6, 2026

Release point: 119-73