Farmer Program Loan Law and Legal Definition

According to 7 USCS § 1991 (Title 7, Agriculture; Chapter 50, Agricultural Credit; Administrative Provisions), the term "farmer program loan" means a farm ownership loan (FO) under section 303 [7 USCS § 1923], operating loan (OL) under section 312 [7 USCS § 1929], soil and water loan (SW) under section 304 [7 USCS § 1924], emergency loan (EM) under section 321, economic emergency loan (EE) under section 202 of the Emergency Agricultural Credit Adjustment Act (title II of Public Law 95-334 [former 7 USCS note prec. § 1961]), economic opportunity loan (EO) under the Economic Opportunity Act of 1961 (42 U.S.C. 2942), softwood timber loan (ST) under section 1254 of the Food Security Act of 1985 [7 USCS § 1981 note], or rural housing loan for farm service buildings (RHF) under section 502 of the Housing Act of 1949 [42 USCS § 1472].”