Title 7 — AgricultureRelease 119-73not60
§1981f Underwriting Forms and Standards
Title 7 › Chapter 50— AGRICULTURAL CREDIT › Subchapter IV— ADMINISTRATIVE PROVISIONS › § 1981f
Summary
The Secretary must use underwriting forms, rules, processes, and language like private lenders.
Full Legal Text
Title 7, §1981f
Agriculture — Source: USLM XML via OLRC
In the administration of this chapter, the Secretary shall, to the extent practicable, use underwriting forms, standards, practices, and terminology similar to the forms, standards, practices, and terminology used by lenders in the private sector.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
This chapter, referred to in text, was in the original “this title”, meaning title III of Pub. L. 87–128, Aug. 8, 1961, 75 Stat. 307, known as the Consolidated Farm and Rural Development Act, which is classified principally to this chapter. For complete classification of title III to the Code, see
Short Title
note set out under section 1921 of this title and Tables.
Statutory Notes and Related Subsidiaries
Regulations
Pub. L. 101–624, title XVIII, § 1808(b), Nov. 28, 1990, 104 Stat. 3820, provided that: “The Secretary of Agriculture shall not issue final
Regulations
providing for the use of ratios and standards for determining the degree of potential loan risk under section 331F of the Consolidated Farm and Rural Development Act [7 U.S.C. 1981f] (as added by subsection (a) of this section), prior to the submission of the study and report on the effects of the
Regulations
required by section 621 of the Agricultural Credit Act of 1987 (7 U.S.C. 1989 note).”
Reference
Citations & Metadata
Citation
7 U.S.C. § 1981f
Title 7 — Agriculture
Last Updated
Apr 3, 2026
Release point: 119-73not60