US Code

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

7 U.S.C. § 8731

Availability of nonrecourse marketing assistance loans for loan commodities

(a)

Nonrecourse loans available

(1)

Availability

For each of the 2008 through 2012 crops of each loan commodity, the Secretary shall make available to producers on a farm nonrecourse marketing assistance loans for loan commodities produced on the farm.

(2)

Terms and conditions

section 8732 of this titleThe marketing assistance loans shall be made under terms and conditions that are prescribed by the Secretary and at the loan rate established under for the loan commodity.

(b)

Eligible production

The producers on a farm shall be eligible for a marketing assistance loan under subsection (a) for any quantity of a loan commodity produced on the farm.

(c)

Compliance with conservation and wetlands requirements

16 U.S.C. 381116 U.S.C. 3821As a condition of the receipt of a marketing assistance loan under subsection (a), the producer shall comply with applicable conservation requirements under subtitle B of title XII of the Food Security Act of 1985 ( et seq.) and applicable wetland protection requirements under subtitle C of title XII of that Act ( et seq.) during the term of the loan.

Pub. L. 110–234, title I, § 1201122 Stat. 953Pub. L. 110–246, § 4(a)122 Stat. 1664(, , ; , title I, § 1201, , , 1681.)

Editorial Notes

References in Text

Pub. L. 99–19899 Stat. 1354section 1281 of this titleThe Food Security Act of 1985, referred to in subsec. (c), is , , . Subtitles B and C of title XII of the Act are classified generally to subchapters II (§ 3811 et seq.) and III (§ 3821 et seq.), respectively, of chapter 58 of Title 16, Conservation. For complete classification of this Act to the Code, see Short Title of 1985 Amendment 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 enacted identical sections. was repealed by .

Statutory Notes and Related Subsidiaries

Effective Date

Pub. L. 110–234Pub. L. 110–246Pub. L. 110–234section 4 of Pub. L. 110–246section 8701 of this titleEnactment of this section and repeal of by effective , the date of enactment of , see , set out as a note under .