Pub. L. 102-142, tit. VII, sec. 740

Pub. L. 102-142, tit. VII, sec. 740

EnactedYear: 1991Length: 104 wordsOfficial source
Sec. 740. Hereafter, the Secretary shall complete the sales of Farmers Home Administration inventory farms, in accordance with the law and regulations in effect before November 28, 1990, in situations in which a County Committee, acting pursuant to section 335 of the Consolidated Farm and Rural Development Act, had made its initial selection of a buyer before November 28, 1990. Such sales shall be completed as soon as the selection decision is administratively final and all terms and conditions have been agreed to. In carrying out sales of inventory property, priority shall be given to the former owner and members of the immediate family.
Pub. L. 102-142, tit. VII, sec. 740 | Justis AI