<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="id6aa3ef35-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s2008f"><num value="2008f">§ 2008f.</num><heading> Crop insurance requirement</heading><subsection style="-uslm-lc:I19" class="indent2 firstIndent-2" id="id6aa3ef36-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s2008f/a"><num value="a" class="bold">(a)</num><heading class="bold"> In general</heading><content><p style="-uslm-lc:I11" class="indent0">As a condition of obtaining any benefit (including a direct loan, loan guarantee, or payment) described in subsection (b), a borrower must obtain at least catastrophic risk protection insurance coverage under <ref href="/us/usc/t7/s1508">section 1508 of this title</ref> for the crop and crop year for which the benefit is sought, if the coverage is offered by the Corporation.</p>
</content>
</subsection>
<subsection style="-uslm-lc:I19" class="indent2 firstIndent-2" id="id6aa3ef37-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s2008f/b"><num value="b" class="bold">(b)</num><heading class="bold"> Applicable benefits</heading><chapeau>Subsection (a) shall apply to—</chapeau><paragraph style="-uslm-lc:I12" class="indent1" id="id6aa3ef38-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s2008f/b/1"><num value="1">(1)</num><content> a farm ownership loan (FO) under <ref href="/us/usc/t7/s1923">section 1923 of this title</ref>;</content>
</paragraph>
<paragraph style="-uslm-lc:I12" class="indent1" id="id6aa3ef39-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s2008f/b/2"><num value="2">(2)</num><content> an operating loan (OL) under <ref href="/us/usc/t7/s1942">section 1942 of this title</ref>; and</content>
</paragraph>
<paragraph style="-uslm-lc:I12" class="indent1" id="id6aa3ef3a-ec38-11e5-ab42-dae4a1e80e35" identifier="/us/usc/t7/s2008f/b/3"><num value="3">(3)</num><content> an emergency loan (EM) under <ref href="/us/usc/t7/s1961">section 1961 of this title</ref>.</content>
</paragraph>
</subsection>
<sourceCredit id="id6aa3ef3b-ec38-11e5-ab42-dae4a1e80e35">(<ref href="/us/pl/87/128/tIII">Pub. L. 87–128, title III</ref>, § 371, as added <ref href="/us/pl/103/354/tI">Pub. L. 103–354, title I</ref>, § 119(b), <date date="1994-10-13">Oct. 13, 1994</date>, <ref href="/us/stat/108/3208">108 Stat. 3208</ref>.)</sourceCredit>
<notes type="uscNote" id="id6aa3ef3c-ec38-11e5-ab42-dae4a1e80e35">
<note style="-uslm-lc:I74" topic="effectiveDate" id="id6aa3ef3d-ec38-11e5-ab42-dae4a1e80e35"><heading class="centered smallCaps">Effective Date</heading><p style="-uslm-lc:I21" class="indent0">Section effective <date date="1994-10-13">Oct. 13, 1994</date>, and applicable to provision of crop insurance under Federal Crop Insurance Act (<ref href="/us/usc/t7/s1501">7 U.S.C. 1501</ref> et seq.) beginning with 1995 crop year, with such Act, as in effect on the day before <date date="1994-10-13">Oct. 13, 1994</date>, to continue to apply with respect to 1994 crop year, see <ref href="/us/pl/103/354/s120">section 120 of Pub. L. 103–354</ref>, set out as an Effective Date of 1994 Amendment note under <ref href="/us/usc/t7/s1502">section 1502 of this title</ref>.</p>
</note>
</notes>
</section>