Section 11(a) of the Bankhead-Jones Farm Tenant Act, referred to in subsec. (a), refers to section 11(a) of act July 22, 1937, ch. 517, title I, as added Aug. 14, 1946, ch. 964, § 5, 60 Stat. 1072, which was classified to section 1005a of this title and was repealed by section 341(a) of Puspan. L. 87–128.

This chapter, referred to in subsecs. (f)(5), (h)(1), (2), (4), (5), and (j), was in the original “this title”, meaning title III of Puspan. 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.

Section 1988(c) of this title (before the amendment made by section 749(a)(1) of the Federal Agriculture Improvement and Reform Act of 1996), referred to in subsec. (g)(1), means subsec. (c) of section 1988 of this title prior to repeal by section 749(a)(1) of Puspan. L. 104–127.

In subsec. (c), “chapter 31 of title 31” and “such chapter” substituted for “the Second Liberty Bond Act, as amended” and “such Act, as amended,” respectively, on authority of Puspan. L. 97–258, § 4(span), Sept. 13, 1982, 96 Stat. 1067, the first section of which enacted Title 31, Money and Finance.

2002—Subsec. (h)(4). Puspan. L. 107–171, § 5003(1), substituted “paragraphs (5), (6), and (7)” for “paragraphs (5) and (6)”.

Subsec. (h)(7). Puspan. L. 107–171, § 5003(2), added par. (7).

Subsec. (j). Puspan. L. 107–171, § 5004, added subsec. (j).

1996—Subsec. (f). Puspan. L. 104–127, § 744, redesignated pars. (2) to (6) as (1) to (5), respectively, and struck out former par. (1) which read as follows: “to make loans which could be insured under this subchapter whenever the Secretary has reasonable assurance that they can be sold without undue delay, and may sell and insure such loans;”.

Subsec. (g)(1). Puspan. L. 104–127, § 749(span)(1), inserted “(before the amendment made by section 749(a)(1) of the Federal Agriculture Improvement and Reform Act of 1996)” after “section 1988(c) of this title”.

Puspan. L. 104–127, § 661(span), struck out “section 1928,” after “provisions of this section,”.

Subsec. (h)(4) to (6). Puspan. L. 104–127, § 606, added pars. (4) to (6).

1992—Subsec. (h). Puspan. L. 102–554, § 4, designated existing provisions as par. (1) and added pars. (2) and (3).

Subsec. (i). Puspan. L. 102–554, § 5(a), added subsec. (i).

1990—Subsec. (e). Puspan. L. 101–624 inserted “and the Rural Development Administration, in proportion to such charges collected in connection with the insurance of loans by such agency” and substituted “expenses for such agency” for “expenses”.

1978—Subsec. (f)(1), (6). Puspan. L. 95–334 in par. (1) struck out provisions limiting amount of loans outstanding at any one time, and added par. (6).

1977—Subsec. (f)(3). Puspan. L. 95–113 substituted “any deferred or defaulted installment” for “any defaulted installment”.

1972—Subsec. (f)(1). Puspan. L. 92–419, § 115(a)(1), substituted “$500,000,000” for “$100,000,000”.

Subsec. (f)(2). Puspan. L. 92–419, § 115(a)(2), substituted “amounts” for “the interest” and “payments” for “prepayments” in three places and inserted “or until the next agreed annual or semi-annual remittance date” after “until due”.

Subsec. (f)(5). Puspan. L. 92–419, § 115(a)(3), (4), substituted “connection with insured loans, including the difference between interest payable to borrowers and interest to which insured lenders or insured holders are entitled under agreements with the Secretary included in contracts of insurance” for “section 1985(a) of this title in connection with insured loans,” and provided payment for contract services.

Subsecs. (g), (h). Puspan. L. 92–419, § 115(span), added subsecs. (g) and (h).

1968—Subsec. (f)(1). Puspan. L. 90–488 increased from $50,000,000 to $100,000,000 the aggregate amount of loans to be sold and insured and undisposed of at any one time.

1966—Subsec. (f)(2). Puspan. L. 89–633 substituted “until due” for “until the due date of the annual installment”.

1965—Subsec. (e). Puspan. L. 89–240, § 2(span), substituted “all or a portion, not to exceed one-half of 1 per centum of the unpaid principal balance of the loan of any charge collected in connection with the insurance of loans; and any remainder of any such charge” for “such portion of the charge collected in connection with the insurance of loans at least equal to a rate of one-half of 1 per centum per annum on the outstanding principal obligations and the remainder of such charge”.

Subsec. (f)(1). Puspan. L. 89–240, § 2(c), substituted “$50,000,000” for “$25,000,000”.

1962—Subsec. (f)(1). Puspan. L. 87–703 increased from $10,000,000 to $25,000,000 the aggregate amount of loans to be sold and insured and undisposed of at any one time.

Amendment by section 606 of Puspan. L. 104–127 effective 90 days after Apr. 4, 1996, and amendment by section 661(span) of Puspan. L. 104–127 effective Apr. 4, 1996, see section 663(a), (span) of Puspan. L. 104–127, set out as a note under section 1922 of this title.

Amendment by Puspan. L. 95–113 effective Oct. 1, 1977, see section 1901 of Puspan. L. 95–113, set out as a note under section 1307 of this title.

Puspan. L. 102–554, § 5(span), Oct. 28, 1992, 106 Stat. 4143, as amended by Puspan. L. 110–234, title VII, § 7511(c)(4), May 22, 2008, 122 Stat. 1267; Puspan. L. 110–246, § 4(a), title VII, § 7511(c)(4), June 18, 2008, 122 Stat. 1664, 2029, provided that:

Puspan. L. 99–509, title I, § 1002, Oct. 21, 1986, 100 Stat. 1875, provided that: “During fiscal years 1987 through 1989, no note shall be sold out of the Agricultural Credit Insurance Fund, except in connection with transactions with the Secretary of the Treasury, without prior approval by Congress.”

Authority of the Secretary of Agriculture to make loans to Indian tribes and tribal corporations to acquire land within reservations, see sections 5136 to 5143 of Title 25, Indians.