United States Code (Last Updated: May 24, 2014) |
Title 12. BANKS AND BANKING |
Chapter 7B. REGIONAL AGRICULTURAL CREDIT CORPORATIONS |
§ 1148a–4. Security for economic disaster and special livestock loans
Latest version.
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Loans under section 1148a–2(b) and (c) of this title shall be secured by the personal obligation and available security of the producer or producers, and in the case of loans to corporations or other business organizations, by the personal obligation and available security of each person holding as much as 10 per centum of the stock or other interest in the corporation or organization.
References In Text
Section 1148a–2(b) and (c) of this title, referred to in text, was repealed by Pub. L. 87–128, title III, § 341(a),