7 USC § 1998 - Guaranteed farm loan programs

---
identifier: "/us/usc/t7/s1998"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 1998 - Guaranteed farm loan programs"
title_number: 7
title_name: "AGRICULTURE"
section_number: "1998"
section_name: "Guaranteed farm loan programs"
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, § 350, as added Pub. L. 99–198, title XIII, § 1319, Dec. 23, 1985, 99 Stat. 1531.)"
---


# § 1998. Guaranteed farm loan programs

Notwithstanding any other provision of this chapter, the Secretary shall ensure that farm loan guarantee programs carried out under this chapter are designed so as to be responsive to borrower and lender needs and to include provisions under reasonable terms and conditions for advances, before completion of the liquidation process, of guarantee proceeds on loans in default.

---

**Source Credit**: (Pub. L. 87–128, title III, § 350, as added Pub. L. 99–198, title XIII, § 1319, Dec. 23, 1985, 99 Stat. 1531.)

## Editorial Notes

### References in Text

This chapter, referred to in text, was in the original “this title”, meaning title III of , , , known as the Consolidated Farm and Rural Development Act, which is classified principally to this chapter. For complete classification of title III to the Code, see Short Title note set out under  and Tables.