7 USC § 1993 - Transition to private commercial or other sources of credit

---
identifier: "/us/usc/t7/s1993"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 1993 - Transition to private commercial or other sources of credit"
title_number: 7
title_name: "AGRICULTURE"
section_number: "1993"
section_name: "Transition to private commercial or other sources of credit"
chapter_number: 50
chapter_name: "AGRICULTURAL CREDIT"
subchapter_number: "IV"
subchapter_name: "ADMINISTRATIVE PROVISIONS"
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, § 345, as added Pub. L. 110–234, title V, § 5304, May 22, 2008, 122 Stat. 1153, and Pub. L. 110–246, § 4(a), title V, § 5304, June 18, 2008, 122 Stat. 1664, 1914.)"
---


# § 1993. Transition to private commercial or other sources of credit

**(a)** **In general** In making or insuring a farm loan under subchapter I or II, the Secretary shall establish a plan and promulgate regulations (including performance criteria) that promote the goal of transitioning borrowers to private commercial credit and other sources of credit in the shortest period of time practicable.

**(b)** **Coordination** In carrying out this section, the Secretary shall integrate and coordinate the transition policy described in subsection (a) with—

**(1)** the borrower training program established by section 2006a of this title;

**(2)** the loan assessment process established by section 2006b of this title;

**(3)** the supervised credit requirement established by section 2006c of this title;

**(4)** the market placement program established by section 2006d of this title; and

**(5)** other appropriate programs and authorities, as determined by the Secretary.

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**Source Credit**: (Pub. L. 87–128, title III, § 345, as added Pub. L. 110–234, title V, § 5304, May 22, 2008, 122 Stat. 1153, and Pub. L. 110–246, § 4(a), title V, § 5304, June 18, 2008, 122 Stat. 1664, 1914.)

## Editorial Notes

### Codification

and  enacted identical sections.  was repealed by .

### Prior Provisions

A prior section 1993, , as added , , ; amended , , , related to testimony by Secretary of Agriculture before congressional committees, prior to repeal by , , .

## Statutory Notes and Related Subsidiaries

### Effective Date

Enactment of this section and repeal of  by  effective , the date of enactment of , see , set out as a note under .