View all text of Subchapter III [§ 7231 - § 7237]

§ 7231. Availability of nonrecourse marketing assistance loans
(a) Nonrecourse loans available
(b) Eligible production
The following production shall be eligible for a marketing assistance loan under subsection (a):
(1) In the case of a marketing assistance loan for a contract commodity, any production by a producer on a farm containing eligible cropland covered by a production flexibility contract.
(2) In the case of a marketing assistance loan for extra long staple cotton and oilseeds, any production.
(c) Compliance with conservation and wetlands requirements
(d) Additional outlays prohibited
(Pub. L. 104–127, title I, § 131, Apr. 4, 1996, 110 Stat. 905.)