Personal liability of producers for deficiencies

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Title 7—AGRICULTURE > CHAPTER 100—AGRICULTURAL MARKET TRANSITION > SUBCHAPTER V—ADMINISTRATION

This text was captured on Sep 9, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Except as provided in subsection (b), no producer shall be personally liable for any deficiency arising from the sale of the collateral securing any nonrecourse loan made under this chapter  1 1

So in original. Probably should be followed by a comma. title I of the Farm Security and Rural Investment Act of 2002 [ 7 U.S.C. 7901 et seq.], title I of the Food, Conservation, and Energy Act of 2008 [ 7 U.S.C. 8701 et seq.], and title I of the Agricultural Act of 2014 [ 7 U.S.C. 9001 et seq.] unless the loan was obtained through a fraudulent representation by the producer.

( Pub. L. 104–127, title I, § 164 , Apr. 4, 1996 , 110 Stat. 935 ; Pub. L. 107–171, title I, § 1607 , May 13, 2002 , 116 Stat. 218 ; Pub. L. 110–234, title I, § 1606 , May 22, 2008 , 122 Stat. 1017 ; Pub. L. 110–246, § 4(a) , title I, § 1606, June 18, 2008 , 122 Stat. 1664 , 1746; Pub. L. 113–79, title I, § 1607 , Feb. 7, 2014 , 128 Stat. 708 .)

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