US Code

Public Law 119-73 (01/23/2026)

7 U.S.C. § 1981d

Notice of loan service programs

(a)

Requirement

The Secretary shall provide notice by certified mail to each borrower who is at least 90 days past due on the payment of principal or interest on a loan made or insured under this chapter.

(b)

Contents

The notice required under subsection (a) shall—
(1)
include a summary of all primary loan service programs, preservation loan service programs, debt settlement programs, and appeal procedures, including the eligibility criteria, and terms and conditions of such programs and procedures;
(2)
include a summary of the manner in which the borrower may apply, and be considered, for all such programs, except that the Secretary shall not require the borrower to select among such programs or waive any right in order to be considered for any program carried out by the Secretary;
(3)
advise the borrower regarding all filing requirements and any deadlines that must be met for requesting loan servicing;
(4)
provide any relevant forms, including applicable response forms;
(5)
advise the borrower that a copy of regulations is available on request; and
(6)
be designed to be readable and understandable by the borrower.
(c)

Contained in regulations

All notices required by this section shall be contained in the regulations implementing this chapter.

(d)

Timing

The notice described in subsection (b) shall be provided—
(1)
at the time an application is made for participation in a loan service program;
(2)
on written request of the borrower; and
(3)
before the earliest of—
(A)
initiating any liquidation;
(B)
requesting the conveyance of security property;
(C)
accelerating the loan;
(D)
repossessing property;
(E)
foreclosing on property; or
(F)
taking any other collection action.
(e)

Consideration of borrowers for loan service programs

The Secretary shall consider a farmer program borrower for all loan service programs if, within 60 days after receipt of the notice required in this section or, in extraordinary circumstances as determined by the applicable State director, after the 60-day period, the borrower requests such consideration in writing. In considering a borrower for loan service programs, the Secretary shall place the highest priority on the preservation of the borrower’s farming operations.

Pub. L. 87–128, title III, § 331DPub. L. 100–233, title VI, § 605101 Stat. 1666Pub. L. 101–624, title XVIII, § 1807104 Stat. 3819Pub. L. 102–554, § 10106 Stat. 4151Pub. L. 104–127, title VI, § 633110 Stat. 1092Pub. L. 115–334, title V, § 5401(b)(1)132 Stat. 4674(, as added , , ; amended , , ; , , ; , , ; , , .)

Editorial Notes

References in Text

Pub. L. 87–12875 Stat. 307section 1921 of this titleThis chapter, referred to in subsecs. (a) and (c), 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.

Amendments

Pub. L. 115–3342018—Subsec. (e). inserted “or, in extraordinary circumstances as determined by the applicable State director, after the 60-day period” after “within 60 days after receipt of the notice required in this section”.

Pub. L. 104–1271996—Subsec. (a). substituted “90 days past due on” for “180 days delinquent in”.

Pub. L. 102–554Pub. L. 115–334Pub. L. 102–5541992—Subsec. (e). , which directed the insertion of “or, in extraordinary circumstances as determined by the applicable State director, after the 60-day period” after “not later than 60 days after receipt of the notice required in this section”, could not be executed because the phrase “not later than 60 days after receipt of the notice required in this section” did not appear in text. Corrected amendment was made by , effective as if included in . See 2018 Amendment note above and Effective Date of 2018 Amendment note below.

Pub. L. 101–624, § 1807(1)1990—Subsec. (b)(1). , inserted “debt settlement programs,” after “preservation loan service programs”.

Pub. L. 101–624, § 1807(2)Subsec. (e). , substituted “60 days” for “45 days”.

Statutory Notes and Related Subsidiaries

Effective Date of 2018 Amendment

Pub. L. 115–334, title V, § 5401(b)(2)132 Stat. 4674

Public Law 102–554“The amendment made by this subsection [amending this section] shall take effect as if included in the enactment of section 10 of the Agricultural Credit Improvement Act of 1992 ().”
, , , provided that:

Effective Date of 1996 Amendment

Pub. L. 104–127section 663(b) of Pub. L. 104–127section 1922 of this titleAmendment by effective 90 days after , see , set out as a note under .

Effective Date of 1990 Amendment

section 1807(1) of Pub. L. 101–624section 1861(b) of Pub. L. 101–624section 2001 of this titleAmendment by effective 120 days after , see , set out as a note under .