Section text and notes
Apr. 6, 1949, ch. 49, § 1 63 Stat. 43 Aug. 5, 1950, ch. 592, § 1(a) 64 Stat. 414 Section 1148a–1, acts , ; , , provided for transfer of functions of Regional Agricultural Credit Corporation, Washington, D.C., to Secretary of Agriculture to make disaster loans, abolished such corporation, provided for transfer of assets, funds, rights, liabilities, use of revolving, transfer of personnel and delegation of authority by Secretary of Agriculture.
Apr. 6, 1949, ch. 49, § 2 63 Stat. 44 July 14, 1953, ch. 192, § 1 67 Stat. 149 July 7, 1955, ch. 278 69 Stat. 263 July 15, 1955, ch. 373 69 Stat. 366 Pub. L. 85–51672 Stat. 357 Pub. L. 87–10675 Stat. 220 Section 1148a–2, acts , ; , ; , §§ 1, 2, ; , ; , , ; , , , authorized the Secretary of Agriculture to make loans to farmers and stockmen, prescribed the rates of interest and terms and conditions of the loans, provided for economic disaster loans and rates of interest and terms thereof, special livestock loans, the effective period of such loans, security, rate of interest, terms and conditions of such loans and local loan committees, emergency assistance in furnishing feed and seed, utilization of Agriculture Department agencies, utilization of revolving fund and transfer of funds into the revolving fund.
act Apr. 6, 1949, ch. 49, § 3(a) 63 Stat. 44 Section 1148a–3, , , provided that no suit or other judicial proceeding instituted by or against the Regional Agricultural Credit Corporation shall abate by reason of sections 1148a–1 and 1148a–2 of this title and permitted substitution of the Secretary as a party in place of the Corporation within six months after .
For subject matter of former sections 1148a–1 to 1148a–3 of this title see section 1921 et seq. of Title 7, Agriculture.
Statutory Notes and Related Subsidiaries
Effective Date of Repeal
section 1148a–2(c) of this titlesection 341(a) of Pub. L. 87–128section 1921 of Title 7Repeal effective one hundred and twenty days after , or such earlier date as the provisions of chapter 50 of Title 7, Agriculture, are made effective by regulations of Secretary of Agriculture, except that repeal of shall not be effective prior to , see , set out as a note under .
section 1921 of Title 7Repeal effective , by former section 300.1 of Title 6, Code of Federal Regulations, see Effective Date note set out under .
Credit Emergency Loans: Termination Date
Act Aug. 31, 1954, ch. 1145 68 Stat. 999 June 30, 1955, ch. 249 69 Stat. 223 July 7, 1955, ch. 278, § 3 69 Stat. 263 Aug. 1, 1956, ch. 829, § 4 70 Stat. 804 section 341(a) of Pub. L. 87–128section 1921 of Title 7, , as amended by acts , ; , ; , , which authorized the Secretary of Agriculture to make emergency loans for any agricultural purpose until , described persons eligible for such loans and provided for utilization of a revolving fund of the Farm Credit Administration for loans and administrative expenses and additions to such fund from liquidation of loans, was repealed effective one hundred and twenty days after , or such earlier date as the provisions of chapter 50 of Title 7, Agriculture, are made effective by regulations of Secretary of Agriculture by provisions of , set out as a note under . See section 1961 et seq. of Title 7.