United States Code

USC most recently checked for updates: Mar 21, 2023

§ 2008f.
Crop insurance requirement
In general

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 section 1508 of this title for the crop and crop year for which the benefit is sought, if the coverage is offered by the Corporation.

Applicable benefits
Subsection (a) shall apply to—
a farm ownership loan (FO) under section 1923 of this title;
an operating loan (OL) under section 1942 of this title; and
an emergency loan (EM) under section 1961 of this title.
(Pub. L. 87–128, title III, § 371, as added Pub. L. 103–354, title I, § 119(b), Oct. 13, 1994, 108 Stat. 3208.)
cite as: 7 USC 2008f