{"identifier":"/us/usc/t7/s2008f","title":7,"num":"\u00a7\u202f2008f.","heading":"Crop insurance requirement","text":"\u00a7\u202f2008f.\nCrop insurance requirement\n(a)\nIn general\nAs a condition of obtaining any benefit (including a direct loan, loan guarantee, or payment) described in subsection (b), a borrower must obtain at least catastrophic risk protection insurance coverage under\nsection 1508 of this title\n(b)\nApplicable benefits\nSubsection (a) shall apply to\u2014\n(1) a farm ownership loan (FO) under\nsection 1923 of this title\n(2) an operating loan (OL) under\nsection 1942 of this title\n(3) an emergency loan (EM) under\nsection 1961 of this title","url":"https://projectusc.org/usc/t7/s2008f.html","content":[{"t":"sec","id":"/us/usc/t7/s2008f","children":[{"t":"num","text":"\u00a7\u202f2008f."},{"t":"heading","text":"Crop insurance requirement"},{"t":"subsec","id":"/us/usc/t7/s2008f/a","children":[{"t":"num","text":"(a)"},{"t":"heading","text":"In general"},{"t":"content","children":[{"t":"p","text":"As a condition of obtaining any benefit (including a direct loan, loan guarantee, or payment) described in subsection (b), a borrower must obtain at least catastrophic risk protection insurance coverage under ","children":[{"t":"ref","text":"section 1508 of this title","href":"/us/usc/t7/s1508","tail":" for the crop and crop year for which the benefit is sought, if the coverage is offered by the Corporation."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"subsec","id":"/us/usc/t7/s2008f/b","children":[{"t":"num","text":"(b)"},{"t":"heading","text":"Applicable benefits"},{"t":"chapeau","text":"Subsection (a) shall apply to\u2014"},{"t":"para","id":"/us/usc/t7/s2008f/b/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" a farm ownership loan (FO) under ","children":[{"t":"ref","text":"section 1923 of this title","href":"/us/usc/t7/s1923","tail":";"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t7/s2008f/b/2","children":[{"t":"num","text":"(2)"},{"t":"content","text":" an operating loan (OL) under ","children":[{"t":"ref","text":"section 1942 of this title","href":"/us/usc/t7/s1942","tail":"; and"}],"tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t7/s2008f/b/3","children":[{"t":"num","text":"(3)"},{"t":"content","text":" an emergency loan (EM) under ","children":[{"t":"ref","text":"section 1961 of this title","href":"/us/usc/t7/s1961","tail":"."}],"tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}