Federal · Title 7 — Agriculture
7 U.S.C. § 2008b: Socially disadvantaged farmers and ranchers; qualified beginning farmers and ranchers
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In the case of a loan guaranteed by the Secretary under subchapter I or II to a socially disadvantaged farmer or rancher (as defined in section 2003(e) of this title ) or a qualified beginning farmer or rancher, the Secretary may provide for a standard guarantee plan, which shall cover an amount equal to 95 percent of the outstanding principal of the loan.
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