{"data":{"id":"us/7-u.s.c.-2008b","jurisdiction":"us","citation":"7 U.S.C. § 2008b","heading":"Socially disadvantaged farmers and ranchers; qualified beginning farmers and ranchers","body":"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.","path":["Title 7—AGRICULTURE","CHAPTER 50—AGRICULTURAL CREDIT"],"source_url":"https://uscode.house.gov/download/releasepoints/us/pl/119/103/xml_usc07@119-103.zip","current_through":"Public Law 119-103 (09/02/2026)","vintage":"","retrieved_at":"2026-09-10T05:55:54Z","sha256":"0bebe7fadb202d7d5f6bc18a2499df65dbd325dbee6050f64fe44af02b843b82","source_id":"us","stale":false,"prev":"us/7-u.s.c.-2008a","next":"us/7-u.s.c.-2008c"},"notice":"GroundRules: Original legal text. Not legal advice."}
