7 U.S.C. § 912a : US Code - Section 912A: Rescheduling and refinancing of loans

Search 7 U.S.C. § 912a : US Code - Section 912A: Rescheduling and refinancing of loans

In addition to the loan extension authority provided in section
912 of this title, the Secretary of Agriculture is authorized to
adjust and readjust the schedules for payment of principal and
interest on loans to borrowers under programs administered by the
Secretary under this chapter, and to extend the maturity date of
any such loan to a date not beyond forty years from the date of
such loan where he determines such action is necessary because of
the impairment of the economic feasibility of the system, or the
loss, destruction, or damage of the property of such borrowers as a
result of a major disaster.