{"identifier":"/us/usc/t7/s1981f","title_num":"7","num":"§ 1981f.","heading":"Underwriting forms and standards","status":null,"guid":"id56d3fb7a-0605-11ee-8439-d88a3b42634b","source_credit":"(Pub. L. 87–128, title III, § 331F, as added Pub. L. 101–624, title XVIII, § 1808(a), Nov. 28, 1990, 104 Stat. 3820.)","seq_in_title":1360,"parent_identifier":"/us/usc/t7/ch50/schIV","ancestors":[{"identifier":"/us/usc/t7","level":"title","num":"Title 7—","heading":"AGRICULTURE","status":null,"is_section":false},{"identifier":"/us/usc/t7/ch50","level":"chapter","num":"CHAPTER 50—","heading":"AGRICULTURAL CREDIT","status":null,"is_section":false},{"identifier":"/us/usc/t7/ch50/schIV","level":"subchapter","num":"SUBCHAPTER IV—","heading":"ADMINISTRATIVE PROVISIONS","status":null,"is_section":false}],"xml":"<section xmlns=\"http://xml.house.gov/schemas/uslm/1.0\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\" xmlns:dc=\"http://purl.org/dc/elements/1.1/\" xmlns:dcterms=\"http://purl.org/dc/terms/\" style=\"-uslm-lc:I80\" id=\"id3532f6f3-7fa0-11ec-94a7-ad9af92efa12\" identifier=\"/us/usc/t7/s1981f\"><num value=\"1981f\">§ 1981f.</num><heading> Underwriting forms and standards</heading><content>\n<p style=\"-uslm-lc:I11\" class=\"indent0\">In the administration of this chapter, the Secretary shall, to the extent practicable, use underwriting forms, standards, practices, and terminology similar to the forms, standards, practices, and terminology used by lenders in the private sector.</p>\n</content><sourceCredit id=\"id3532f6f4-7fa0-11ec-94a7-ad9af92efa12\">(<ref href=\"/us/pl/87/128/tIII/s331F\">Pub. L. 87–128, title III, § 331F</ref>, as added <ref href=\"/us/pl/101/624/tXVIII/s1808/a\">Pub. L. 101–624, title XVIII, § 1808(a)</ref>, <date date=\"1990-11-28\">Nov. 28, 1990</date>, <ref href=\"/us/stat/104/3820\">104 Stat. 3820</ref>.)</sourceCredit>\n<notes type=\"uscNote\" id=\"id3532f6f5-7fa0-11ec-94a7-ad9af92efa12\">\n<note style=\"-uslm-lc:I74\" role=\"crossHeading\" topic=\"editorialNotes\" id=\"id3532f6f6-7fa0-11ec-94a7-ad9af92efa12\"><heading class=\"centered\"><b>Editorial Notes</b></heading></note>\n<note style=\"-uslm-lc:I75\" topic=\"referencesInText\" id=\"id3532f6f7-7fa0-11ec-94a7-ad9af92efa12\">\n<heading class=\"centered smallCaps\">References in Text</heading><p style=\"-uslm-lc:I21\" class=\"indent0\">This chapter, referred to in text, was in the original “this title”, meaning title III of <ref href=\"/us/pl/87/128\">Pub. L. 87–128</ref>, <date date=\"1961-08-08\">Aug. 8, 1961</date>, <ref href=\"/us/stat/75/307\">75 Stat. 307</ref>, 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 <ref href=\"/us/usc/t7/s1921\">section 1921 of this title</ref> and Tables.</p>\n</note>\n<note style=\"-uslm-lc:I74\" role=\"crossHeading\" topic=\"statutoryNotes\" id=\"id3532f6f8-7fa0-11ec-94a7-ad9af92efa12\"><heading class=\"centered\"><b>Statutory Notes and Related Subsidiaries</b></heading></note>\n<note style=\"-uslm-lc:I74\" topic=\"miscellaneous\" id=\"id3532f6f9-7fa0-11ec-94a7-ad9af92efa12\"><heading class=\"centered smallCaps\">Regulations</heading><p><ref href=\"/us/pl/101/624/tXVIII/s1808/b\">Pub. L. 101–624, title XVIII, § 1808(b)</ref>, <date date=\"1990-11-28\">Nov. 28, 1990</date>, <ref href=\"/us/stat/104/3820\">104 Stat. 3820</ref>, provided that: <quotedContent origin=\"/us/pl/101/624/tXVIII/s1808/b\">“The Secretary of Agriculture shall not issue final regulations providing for the use of ratios and standards for determining the degree of potential loan risk under section 331F of the Consolidated Farm and Rural Development Act [<ref href=\"/us/usc/t7/s1981f\">7 U.S.C. 1981f</ref>] (as added by subsection (a) of this section), prior to the submission of the study and report on the effects of the regulations required by section 621 of the Agricultural Credit Act of 1987 (<ref href=\"/us/usc/t7/s1989\">7 U.S.C. 1989</ref> note).”</quotedContent>\n</p>\n</note>\n</notes>\n</section>","provision":null,"duplicates":[],"release":{"label":"118-5","currency_date":"2023-06-03","congress":118,"law_num":5,"excluded_laws":[],"update_num":null,"seq":303,"is_partial":false,"caveat":null,"titles_affected":["02","05","07","20","31","42","49"],"ingested_titles":[]},"served_from":{"label":"118-5","currency_date":"2023-06-03","congress":118,"law_num":5,"excluded_laws":[],"update_num":null,"seq":303,"is_partial":false,"caveat":null,"titles_affected":["02","05","07","20","31","42","49"],"ingested_titles":[]},"content_first_seen":{"label":"117-80","currency_date":"2021-12-27","congress":117,"law_num":80,"excluded_laws":[],"update_num":null,"seq":258,"is_partial":false,"caveat":null,"titles_affected":["01","02","05","06","07","12","15","16","19","23","25","26","29","30","33","40","41","42","43","45","46","47","49","54"],"ingested_titles":[]},"is_exact":true,"note":null}