Notes on 7 U.S.C. § 1921 : US Code - Notes

Search Notes on 7 U.S.C. § 1921 : US Code - Notes

(Pub. L. 87-128, title III, Sec. 301(b), Aug. 8, 1961, 75 Stat.
307.)
REFERENCES IN TEXT                        
This chapter, referred to in text, was in the original "this
title", meaning title III of Pub. L. 87-128, Aug. 8, 1961, 75 Stat.
307, as amended, known as the Consolidated Farm and Rural
Development Act. For complete classification of title III to the
Code, see Short Title note set out below and Tables.
CODIFICATION                           
Section is comprised of subsec. (b) of section 301 of Pub. L. 87-
128. Subsec. (a) of such section 301 is set out as a Short Title
note below.
EFFECTIVE DATE                          
Former section 300.1 of Title 6, Code of Federal Regulations,
promulgated on Oct. 15, 1961, by the Administrator of the Farmers
Home Administration, published in 26 F.R. 10031, provided: "The
Consolidated Farmers Home Administration Act of 1961 (7 U.S.C.
1921) [this chapter], is hereby made effective on October 15, 1961,
except (a) as to its authorizations to make and sell insured loans
with 4 1/2  percent yield to the lender and a three-year repurchase
agreement which was made effective by regulations issued on
September 13, 1961 (26 F.R. 9307), pursuant to assignment of
functions contained in 26 F.R. 7888, and (b) that the provisions of
Title IV of the Bankhead-Jones Farm Tenant Act which requires
mineral reservations in lands disposed of under Title III of that
Act [sections 1010 to 1012 and 1013a of this title] shall not
become effective until December 7, 1961." See section 341(a) of
Pub. L. 87-128, set out as a note under this section.
SHORT TITLE OF 2000 AMENDMENT                   
Pub. L. 106-554, Sec. 1(a)(4) [div. B, title V, Sec. 501], Dec.
21, 2000, 114 Stat. 2763, 2763A-268, provided that: "This title
[enacting subchapter VI of this chapter and amending provisions set
out as a note under section 3121 of Title 42, The Public Health and
Welfare] may be cited as the 'Delta Regional Authority Act of
2000'."
SHORT TITLE OF 1994 AMENDMENT                   
Pub. L. 103-248, Sec. 1, May 11, 1994, 108 Stat. 619, provided
that: "This Act [amending section 1981 of this title] may be cited
as the 'Farmers Home Administration Improvement Act of 1994'."
SHORT TITLE OF 1992 AMENDMENT                   
Pub. L. 102-554, Sec. 1(a), Oct. 28, 1992, 106 Stat. 4142,
provided that: "This Act [enacting sections 1935, 1936, 1948, 1949,
and 2008d of this title, amending sections 1925, 1926c, 1929, 1932,
1981d, 1982, 1983, 1983a, 1985, 1989, 1991, 1994, 2003, and 5102 of
this title, and enacting provisions set out as notes under sections
1929 and 1989 of this title] may be cited as the 'Agricultural
Credit Improvement Act of 1992'."
SHORT TITLE OF 1990 AMENDMENT                   
Pub. L. 101-624, title XXIII, Sec. 2301, Nov. 28, 1990, 104 Stat.
3979, provided that: "This title [see Tables for classification]
may be cited as the 'Rural Economic Development Act of 1990'."
SHORT TITLE OF 1986 AMENDMENT                   
Pub. L. 99-409, Sec. 1, Aug. 28, 1986, 100 Stat. 923, provided:
"That this Act [amending section 1932 of this title and enacting
provisions set out as a note under section 1932 of this title] may
be cited as the 'Rural Industrial Assistance Act of 1986'."
SHORT TITLE OF 1984 AMENDMENT                   
Pub. L. 98-258, title VI, Sec. 601, Apr. 10, 1984, 98 Stat. 138,
provided that: "This title [enacting section 1981b of this title,
amending sections 1943, 1946, 1961, 1964, 1986, and 1994 of this
title, enacting provisions set out as notes under sections 1961 and
1981 of this title, and amending provisions set out as a note
preceding section 1961 of this title] may be cited as the
'Emergency Agricultural Credit Act of 1984'."
SHORT TITLE OF 1978 AMENDMENT                   
Pub. L. 95-334, Sec. 1, Aug. 4, 1978, 92 Stat. 420, provided:
"That this Act [enacting sections 1929b, 1934, 1981a, 1994, and
1995 of this title and sections 2201 to 2205 of Title 16,
Conservation, amending sections 1309, 1922, 1924 to 1927, 1929,
1929a, 1932, 1941 to 1943, 1946, 1961, 1964, 1968, 1981, 1983,
1991, and 2908 of this title, repealing section 1965 of this title,
and enacting provisions set out as notes under this section and
sections 1309, 1926, preceding 1961, and 1964 of this title and
section 2201 of Title 16] may be cited as the 'Agricultural Credit
Act of 1978'."
SHORT TITLE OF 1972 AMENDMENT                   
Section 1 of Pub. L. 92-419 provided: "That this Act [enacting
sections 1010a, 1929a, 1931 to 1933, 1947, 1992, 2204a, 2212a, 2651
to 2654, and 2661 to 2668 of this title, amending sections 1006a,
1011, 1924 to 1927, 1929, 1941 to 1943, 1981, 1983, 1985, 1991,
2201, and 2204 of this title, section 5315 of Title 5, Government
Organization and Employees, sections 590g, 590h, 590o, and 1001 to
1005 of Title 16, Conservation, and section 3122 of Title 42, The
Public Health and Welfare, and amending provisions set out as a
note under this section] may be cited as the 'Rural Development Act
of 1972'."
SHORT TITLE                            
Section 301(a) of title III of Pub. L. 87-128, as amended by Pub.
L. 92-419, title I, Sec. 101, Aug. 30, 1972, 86 Stat. 657, provided
that: "This title [enacting this section and sections 1013a, 1922
to 1933, 1941 to 1947, 1961 to 1968, 1969, 1970, 1971, and 1981 to
1993 of this title, amending sections 1924 to 1927, 1929, 1941 to
1943, 1981, 1983, 1985, and 1991 of this title, repealing sections
1001 to 1005d, 1006c to 1006e, 1007, 1008, 1009, 1014 to 1025, 1027
to 1029 of this title, sections 1148a-1 to 1148a-3 of Title 12,
Banks and Banking, and sections 590r to 590x-4 of Title 16,
Conservation, and enacting provisions set out as a note under this
section] may be cited as the 'Consolidated Farm and Rural
Development Act'."
REGULATIONS                            
Section 2396 of title XXIII of Pub. L. 101-624 provided that:
"Except as otherwise provided in this title [see Short Title of
1990 Amendment note set out above], no later than 180 days after
the date of the enactment of this Act [Nov. 28, 1990], the
Secretary shall promulgate such regulations as may be necessary to
carry out this title and the amendments made by this title."
PRESERVATION OF ELIGIBILITY FOR CREDIT ASSISTANCE UNDER FEDERAL LAW
Section 2395 of title XXIII of Pub. L. 101-624 provided that:
"Notwithstanding any other provision of law, this title [see Short
Title of 1990 Amendment note set out above] shall not be construed
to adversely affect the eligibility, as it existed on the date of
enactment of this Act [Nov. 28, 1990], of cooperatives and other
entities for any other credit assistance under Federal law."
USE OF QUALIFIED PERSONNEL BY THE DEPARTMENT OF AGRICULTURE    
Pub. L. 95-334, title I, Sec. 126, Aug. 4, 1978, 92 Stat. 429,
provided that: "It is the sense of Congress that, in carrying out
the provisions of the Consolidated Farm and Rural Development Act
[see Short Title note set out above], the Secretary of Agriculture
should ensure that - 
"(1) only officers and employees of the Department of
Agriculture who are adequately prepared to understand the
particular needs and problems of farmers in an area are assigned
to such area; and
"(2) a high priority is placed on keeping existing farm
operations operating."
REFERENCES IN OTHER LAWS TO BANKHEAD-JONES FARM TENANT ACT OR WATER
FACILITIES ACT; REPEALS; SAVINGS AND SEPARABILITY PROVISIONS
Section 341 of Pub. L. 87-128 provided that:
"(a) Reference to any provisions of the Bankhead-Jones Farm
Tenant Act [see section 1000 of this title] or the Act of August
28, 1937 (50 Stat. 869), as amended, superseded by any provision of
this title [this chapter] shall be construed as referring to the
appropriate provision of this title [this chapter]. Titles I, II,
and IV of the Bankhead-Jones Farm Tenant Act, as amended, and the
Act of August 28, 1937 (50 Stat. 869), as amended, the Act of April
6, 1949 (63 Stat. 43), as amended, and the Act of August 31, 1954
(68 Stat. 999), as amended, are hereby repealed effective one
hundred and twenty days after enactment hereof [Aug. 8, 1961], or
such earlier date as the provisions of this title [this chapter]
are made effective by the Secretary's regulations except that the
repeal of section 2(c) of the Act of April 6, 1949, shall not be
effective prior to January 1, 1962. The foregoing provisions shall
not have the effect of repealing the amendments to section 24,
chapter 6 of the Federal Reserve Act [section 371 of Title 12], as
amended, section 5200 of the Revised Statutes [section 84 of Title
12], section 35 of chapter III of the Act approved June 19, 1934
(D.C. Code, title 35, section 535), enacted by section 15 of the
Bankhead-Jones Farm Tenant Act, as amended, and by section 10(f) of
the Act of August 28, 1937 (50 Stat. 869), as amended.
"(b) The repeal of any provision of law by this title [this
chapter] shall not - 
"(1) affect the validity of any action taken or obligation
entered into pursuant to the authority of any of said Acts, or
"(2) prejudice the application of any person with respect to
receiving assistance under the provisions of this title [this
chapter], solely because such person is obligated to the
Secretary under authorization contained in any such repealed
provision.
"(c) If any provision of this title [this chapter] or the
application thereof to any person or circumstances is held invalid,
the remainder of the title [this chapter] and the application of
such provision to other persons or circumstances shall not be
affected thereby."