Title 7 — AgricultureRelease 119-73not60

§2008g Payment of Interest as Condition of Loan Servicing for Borrowers

Title 7 › Chapter 50— AGRICULTURAL CREDIT › Subchapter IV— ADMINISTRATIVE PROVISIONS › § 2008g

Last updated Apr 3, 2026|Official source

Summary

Unless a borrower asked under §1981d(e), the Secretary may not reschedule the loan unless the borrower pays part of the interest.

Full Legal Text

Title 7, §2008g

Agriculture — Source: USLM XML via OLRC

The Secretary may not reschedule or reamortize a loan for a borrower under this chapter who has not requested consideration under section 1981d(e) of this title unless the borrower pays a portion, as determined by the Secretary, of the interest due on the loan.

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

Effective Date

Section effective 90 days after Apr. 4, 1996, see section 663(b) of Pub. L. 104–127, set out as an

Effective Date

of 1996 Amendment note under section 1922 of this title.

Reference

Citations & Metadata

Citation

7 U.S.C. § 2008g

Title 7 — Agriculture

Last Updated

Apr 3, 2026

Release point: 119-73not60