Pub. L. 107-171, tit. V, subtit. D, sec. 5319

LOAN ELIGIBILITY FOR BORROWERS WITH PRIOR DEBT FORGIVENESS.

EnactedYear: 2002Length: 101 wordsOfficial source
SEC. 5319. LOAN ELIGIBILITY FOR BORROWERS WITH PRIOR DEBT FORGIVENESS. Section 373(b)(2)(A) of the Consolidated Farm and Rural Development Act (7 U.S.C. 2008h(b)(2)(A)) is amended— (1) in clause (i), by striking “or”; (2) in clause (ii), by striking the period and inserting or”; and (3) by adding at the end the following: “(iii) received debt forgiveness on not more than 1 occasion resulting directly and primarily from a 116 STAT. 349 major disaster or emergency designated by the President on or after April 4, 1996, under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (42 U.S.C. 5121 et seq.).”.
Pub. L. 107-171, tit. V, subtit. D, sec. 5319: LOAN ELIGIBILITY FOR BORROWERS WITH PRIOR DEBT FORGIVENESS. | Justis AI