The law › Title 7, Agriculture › Chapter 31
7 U.S.C. 936b: Sale or prepayment of direct or insured loans
Created in 1986 by Public Law 99-509. Changed by 3 later laws. No bill we track in this Congress changes it.
- past change
- enacted this Congress
- proposed
This Congress
No bill we track in the 119th Congress changes this section.
How it got here
1994
- Pub. L. 103–354 substituted "Secretary" for "Administrator" wherever appearing.
1992
- Pub. L. 102–428, §2(a), amended subsec. (a) generally. Prior to amendment, subsec. (a) read as follows: "A direct or insured loan made under this chapter shall not be sold or prepaid at a value less than the face value of any outstanding principal balance on such loan, except when sold… · (a)
- Pub. L. 102–428, §2(b), inserted heading. · (b)
1990
- Pub. L. 101–624 designated existing provisions as subsec. (a) and added subsec. (b).
Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.