In general
7 U.S.C. 198125 U.S.C. 4771
Highly fractionated land
In general
section 1929 of title 7Subject to paragraph (2), the Secretary of Agriculture may make and insure loans in accordance with to eligible purchasers of highly fractionated land or to intermediaries in order to establish revolving loan funds for the purchase of highly fractionated land under that section.
Exclusion
Section 5140 of this title shall not apply to trust land, restricted tribal land, or tribal corporation land that is mortgaged in accordance with paragraph (1).
Pub. L. 91–229, § 184 Stat. 120Pub. L. 110–234, title V, § 5501122 Stat. 1161Pub. L. 110–246, § 4(a)122 Stat. 1664Pub. L. 113–79, title V, § 5402128 Stat. 840(, , ; , , ; , title V, § 5501, , , 1922; , , .)
Editorial Notes
References in Text
Pub. L. 87–12875 Stat. 307section 1921 of Title 7The Consolidated Farm and Rural Development Act, referred to in subsec. (a), is title III of , , . Subtitle D of the Act is classified principally to subchapter IV (§ 1981 et seq.) of chapter 50 of Title 7, Agriculture. For complete classification of the Act to the Code, see Short Title note set out under and Tables.
25 U.S.C. 477act June 18, 1934, ch. 57648 Stat. 988section 477 of this titlesection 5124 of this titleTribal corporation established by the Indian Reorganization Act (), referred to in subsec. (a), means a tribal corporation established under section 17 of , , which was classified to prior to editiorial reclassification as .
act June 18, 1934, ch. 57648 Stat. 984section 5101 of this titleThe Indian Reorganization Act, referred to in subsec. (a), is , , which is classified generally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under and Tables.
Codification
Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4(a) of Pub. L. 110–246 and made identical amendments to this section. The amendments by were repealed by .
section 488 of this titleSection was formerly classified to prior to editorial reclassification and renumbering as this section.
Amendments
Pub. L. 113–79, § 5402(1)7 U.S.C. 1981section 1988(c) of title 72014—Subsec. (a). , in first sentence, substituted “direct loans in a manner consistent with direct loans pursuant to subtitle D of the Consolidated Farm and Rural Development Act ( et seq.)” for “loans from the Farmers Home Administration Direct Loan Account created by , and to make and insure loans as provided in sections 1928 and 1929 of title 7”.
Pub. L. 113–79, § 5402(2)section 2204(c) of this titleSubsec. (b)(1). , substituted “or to intermediaries in order to establish revolving loan funds for the purchase of highly fractionated land under that section” for “pursuant to ”.
Pub. L. 110–246, § 55012008—, inserted section catchline, designated existing provisions as subsec. (a), inserted heading, and added subsec. (b).
Statutory Notes and Related Subsidiaries
Effective Date of 2008 Amendment
Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4 of Pub. L. 110–246section 8701 of Title 7Amendment of this section and repeal of by effective , the date of enactment of , see , set out as an Effective Date note under , Agriculture.