7 USC 5103 - Participation of Federal agencies

U.S Code last checked for updates: Nov 22, 2024

§ 5103.

Participation of Federal agencies

(a)

Duties of Secretary of Agriculture

(1)

In general

The Secretary, with respect to each program or agency under the jurisdiction of the Secretary—

(A)

shall prescribe rules requiring each such program or agency to participate in good faith in any State mediation program certified under section 5101 of this title;

(B)

shall participate in mediation programs certified under section 5101 of this title; and

(C)

shall—

(i)

cooperate in good faith with requests for information or analysis of information made in the course of mediation under any mediation program certified under section 5101 of this title; and

(ii)

if applicable, present and explore debt restructuring proposals advanced in the course of such mediation.

(2)

Nonbinding on Secretary

(b)

Duties of Farm Credit Administration

The Farm Credit Administration shall prescribe rules requiring the institutions of the Farm Credit System—

(1)

to cooperate in good faith with requests for information or analysis of information made in the course of mediation under any mediation program described in section 5101 of this title; and

(2)

to present and explore debt restructuring proposals advanced in the course of such mediation.

(Pub. L. 100–233, title V, § 503, Jan. 6, 1988, 101 Stat. 1663; Pub. L. 100–399, title V, § 502, Aug. 17, 1988, 102 Stat. 1005; Pub. L. 103–354, title II, § 282(b), Oct. 13, 1994, 108 Stat. 3234.)

cite as: 7 USC 5103