Title 7 — AgricultureRelease 119-73not60
§8731 Availability of Nonrecourse Marketing Assistance Loans for Loan Commodities
Title 7 › Chapter 113— AGRICULTURAL COMMODITY SUPPORT PROGRAMS › Subchapter II— MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS › § 8731
Summary
For 2008–2012 crops, the Secretary must offer nonrecourse marketing loans to farm producers for any amount of each loan commodity they grow, at the loan rates set in section 8732. To get the loan, borrowers must follow the conservation and wetland rules in subtitles B and C of title XII.
Full Legal Text
Title 7, §8731
Agriculture — Source: USLM XML via OLRC
(a)(1)For each of the 2008 through 2012 crops of each loan commodity, the Secretary shall make available to producers on a farm nonrecourse marketing assistance loans for loan commodities produced on the farm.
(2)The marketing assistance loans shall be made under terms and conditions that are prescribed by the Secretary and at the loan rate established under section 8732 of this title for the loan commodity.
(b)The producers on a farm shall be eligible for a marketing assistance loan under subsection (a) for any quantity of a loan commodity produced on the farm.
(c)As a condition of the receipt of a marketing assistance loan under subsection (a), the producer shall comply with applicable conservation requirements under subtitle B of title XII of the Food Security Act of 1985 (16 U.S.C. 3811 et seq.) and applicable wetland protection requirements under subtitle C of title XII of that Act (16 U.S.C. 3821 et seq.) during the term of the loan.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
References in Text
The Food Security Act of 1985, referred to in subsec. (c), is Pub. L. 99–198, Dec. 23, 1985, 99 Stat. 1354. Subtitles B and C of title XII of the Act are classified generally to subchapters II (§ 3811 et seq.) and III (§ 3821 et seq.), respectively, of chapter 58 of Title 16, Conservation. For complete classification of this Act to the Code, see
Short Title
of 1985 Amendment note set out under section 1281 of this title and Tables. Codification Pub. L. 110–234 and Pub. L. 110–246 enacted identical sections. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246.
Statutory Notes and Related Subsidiaries
Effective Date
Enactment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as a note under section 8701 of this title.
Reference
Citations & Metadata
Citation
7 U.S.C. § 8731
Title 7 — Agriculture
Last Updated
Apr 3, 2026
Release point: 119-73not60