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United States · Bill · S

S. 1894 (101st)

A bill to amend the Consolidated Farm and Rural Development Act to require borrowers to act in good faith with respect to restructuring loans made or guaranteed under such Act, and for other purposes.

openUnited States· United States Congress· EN

Introduced

16 November 1989

Last action

Status

Held at the desk.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Amends the Consolidated Farm and Rural Development Act to require borrowers to act in good faith with regard to restructuring loans made under such Act. Sets forth provisions concerning a determination by the Secretary of Agriculture of failure to act in good faith. Increases from 45 days to 90 days the period for borrower repayment of certain loan obligations to the Secretary.

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Documents

5 official files

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Sources

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