7 U.S. Code § 1963 - Purpose and extent of loans

Loans may be made or insured under this subchapter for any purpose authorized for loans under subchapter I or II of this chapter and for crop or livestock changes that are necessitated by a quarantine, natural disaster, major disaster, or emergency and that are deemed desirable by the applicant, subject to the limitations on the amounts of loans provided in section 1964 (a) of this title.


(Pub. L. 87–128, title III, § 323,Aug. 8, 1961, 75 Stat. 311; Pub. L. 96–438, § 3(b)(1),Oct. 13, 1980, 94 Stat. 1873; Pub. L. 104–127, title VI, § 623,Apr. 4, 1996, 110 Stat. 1091; Pub. L. 107–171, title V, § 5201(b),May 13, 2002, 116 Stat. 344.)
References in Text

For definition of “this chapter”, referred to in text, see note set out under section 1921 of this title.

2002—Pub. L. 107–171inserted “quarantine,” before “natural disaster”.
1996—Pub. L. 104–127inserted “that are necessitated by a natural disaster, major disaster, or emergency and that are” after “livestock changes”.
1980—Pub. L. 96–438substituted provisions relating to the purposes and extent of loans made or insured under this subchapter for provisions limiting loans to amounts certified by the county committee.
Effective Date of 1996 Amendment

Amendment by Pub. L. 104–127effective 90 days after Apr. 4, 1996, see section 663(b) ofPub. L. 104–127, set out as a note under section 1922 of this title.
Effective Date of 1980 Amendment

Amendment by Pub. L. 96–438effective with respect to loans approved after Oct. 13, 1980, except for certain subsequent emergency loans, see section 3(d) ofPub. L. 96–438, set out as a note under section 1961 of this title.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

7 USCDescription of ChangeSession YearPublic LawStatutes at Large


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