United States Code (Last Updated: May 24, 2014) |
Title 7. AGRICULTURE |
Chapter 50. AGRICULTURAL CREDIT |
SubChapter I. REAL ESTATE LOANS |
§ 1926f. Contracts with not-for-profit third parties
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On and after
November 10, 2005 , notwithstanding the provisions of the Consolidated Farm and Rural Development Act [7 U.S.C. 1921 et seq.] (including the associated regulations) governing the Community Facilities Program, the Secretary may allow all Community Facility Program facility borrowers and grantees to enter into contracts with not-for-profit third parties for services consistent with the requirements of the Program, grant, and/or loan: Provided, That the contracts protect the interests of the Government regarding cost, liability, maintenance, and administrative fees.
References In Text
The Consolidated Farm and Rural Development Act, referred to in text, is title III of Pub. L. 87–128,
Codification
Section was enacted as part of the Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2006, and not as part of the Consolidated Farm and Rural Development Act which comprises this chapter.
Prior Provisions
Provisions similar to those in this section were contained in the following prior appropriation acts:
Pub. L. 108–447, div. A, title VII, § 770,
Pub. L. 108–199, div. A, title VII, § 775,