7 CFR 1427.1 - Applicability.
(a)The regulations in this subpart are applicable to crops of upland cotton and extra long staple cotton. This part specifies the general provisions under which the Marketing Assistance Loans (MAL) and Loan Deficiency Payment (LDP)Programs will be administered by the Commodity Credit Corporation (CCC). Eligibility to receive MALs and LDPs is subject to additional terms and conditions that are in the MALnote and securityagreement and the LDPapplication. The provisions in this part apply to the 2014 and subsequent crops.
(b) The basic loan rate, the schedule of premiums and discounts, and forms applicable to the cottonMAL and LDPPrograms are available from FSA offices. The forms for use in connection with the programs in this subpart will be prescribed by CCC.
Title 7 published on 2015-08-22.
No entries appear in the Federal Register after this date, for 7 CFR Part 1427.