7 USC § 1949 - Graduation of borrowers with operating loans or guarantees to private commercial credit

---
identifier: "/us/usc/t7/s1949"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 1949 - Graduation of borrowers with operating loans or guarantees to private commercial credit"
title_number: 7
title_name: "AGRICULTURE"
section_number: "1949"
section_name: "Graduation of borrowers with operating loans or guarantees to private commercial credit"
chapter_number: 50
chapter_name: "AGRICULTURAL CREDIT"
subchapter_number: "II"
subchapter_name: "OPERATING LOANS"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(Pub. L. 87–128, title III, § 319, as added Pub. L. 102–554, § 9, Oct. 28, 1992, 106 Stat. 4150; amended Pub. L. 104–127, title VI, § 617, Apr. 4, 1996, 110 Stat. 1090; Pub. L. 113–79, title V, § 5107, Feb. 7, 2014, 128 Stat. 838.)"
---


# § 1949. Graduation of borrowers with operating loans or guarantees to private commercial credit

The Secretary shall establish a plan, in coordination with activities under sections 2006a, 2006b, 2006c, and 2006d of this title, to encourage each borrower with an outstanding loan under this subchapter or with respect to whom there is an outstanding guarantee under this subchapter to graduate to private commercial or other sources of credit.

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**Source Credit**: (Pub. L. 87–128, title III, § 319, as added Pub. L. 102–554, § 9, Oct. 28, 1992, 106 Stat. 4150; amended Pub. L. 104–127, title VI, § 617, Apr. 4, 1996, 110 Stat. 1090; Pub. L. 113–79, title V, § 5107, Feb. 7, 2014, 128 Stat. 838.)

## Editorial Notes

### Amendments

2014— struck out subsec. (a) designation and heading before “The Secretary” and struck out subsec. (b) which related to limitation on period borrowers were eligible for guaranteed assistance under this subchapter and contained transition rule.

1996—Subsec. (b).  added subsec. (b) and struck out former subsec. (b) which provided for limitation on period for which borrowers were eligible for assistance under this subchapter and contained transition rule.

## Statutory Notes and Related Subsidiaries

### Suspension of Limitation on Period for Which Borrowers Are Eligible for Guaranteed Assistance

, , , as amended by , , ; , , ; , title V, § 5103, , , 1908, provided for the suspension of former  limitation on period borrowers were eligible for guaranteed assistance, beginning , and ending .