Title 7, AgricultureRelease 119-73not60

§2009cc–2 Establishment

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

Last updated Apr 3, 2026|Official source

Summary

The Secretary must set up a Rural Business Investment Program. Under it, the Secretary can make participation agreements with companies approved under section 2009cc–3(e), guarantee debentures issued by rural business investment companies under section 2009cc–4, and give grants under section 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

Apr 3, 2026

Release point: 119-73not60