ANNUAL REVIEW OF THE CREDIT HISTORY, BUSINESS OPERATION, AND CONTINUED ELIGIBILITY OF A BORROWER.

SEC. 635. ANNUAL REVIEW OF THE CREDIT HISTORY, BUSINESS OPERATION, AND CONTINUED ELIGIBILITY OF A BORROWER. (a) In General.— Section 333 of the Consolidated Farm and Rural Development Act (7 U.S.C. 1983) is amended— (1) by redesignating paragraphs (2), (3), and (4) as paragraphs (3), (4), and (5), respectively; and (2) by inserting after paragraph (1) the following: “(2) except with respect to a loan under section 306, 310B, or 314, the county or area committee established under section 8(b)(5)(B) of the Soil Conservation and Domestic Allotment Act (16 U.S.C. 590h(b)(5)(B)) to certify in writing— “(A) that an annual review of the credit history and business operation of the borrower has been conducted; and “(B) that a review of the continued eligibility of the borrower for the loan has been conducted;”. (b) Conforming Amendment.— The third sentence of section 310B(a) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1932(a)) is amended by striking “(3) of” and inserting “(4) of”.