§ 1421.115 - Recourse marketing assistance loans.


Latest version.
  • (a) CCC shall make recourse marketing assistance loans available to eligible producers of high moisture corn, high moisture grain sorghum and other eligible loan commodities as determined by the Deputy Administrator, Farm Programs.

    (b) Repayment must be paid in full on or before the loan maturity date.

    (c) Recourse marketing assistance loan collateral may not be delivered or forfeited to CCC in satisfaction of the loan indebtedness.