Title 7, AgricultureRelease 119-102

§2009cc–2 Establishment

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

Last updated Aug 21, 2026|Official source

Summary

The Secretary must create a Rural Business Investment Program and may make agreements with companies approved under section 2009cc–3(e) for purposes in section 2009cc–1, guarantee debentures under 2009cc–4, and award grants under 2009cc–7.

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 7, Agriculture

Last Updated

Aug 21, 2026

Release point: 119-102