Page:United States Statutes at Large Volume 104 Part 5.djvu/510

 104 STAT. 3832 PUBLIC LAW 101-624—NOV. 28, 1990 impairing or reducing the flow, circulation, or reach of water, except in the case of activity related to the maintenance of previously converted wetlands, or in the case of such activity that is already commenced prior to the date of enactment of this section.". Banks, banking Subtltlc B—Farni Crcdlt Systciii SEC. 1831. REFERENCES TO THE FARM CREDIT ACT OF 1971. Wherever in this subtitle an amendment or repeal is expressed in terms of an amendment to, or repeal of, a section or other provision, the reference shall be considered to be made to a section or other provision of the Farm Credit Act of 1971 (12 U.S.C. 2001 et seq.), except to the extent otherwise specifically provided. SEC. 1832. FINANCING FOR BASIC PROCESSING AND MARKETING OPER- ATIONS OWNED BY BONA FIDE PRODUCERS. (a) FARM CREDIT BANKS.— Section 1.11(a) (12 U.S.C. 2019(a)) is amended— (1) by striking "(a) Agricultural or Aquatic Purposes. —Loans made by a Farm Credit Bank" and inserting the following: "(a) Agricultural or Aquatic Purposes.— "(1) In general. —Loans made by a Farm Credit Bank"; (2) by striking "at least 20 percent," and all that follows through "Farm Credit Administration," and inserting "some portion"; and (3) by adding after and below the end the following new paragraph: "(2) Limitation on loans for basic processing and marketing operations.— The aggregate of the financing provided by any Farm Credit Bank for basic processing and marketing directly related to the operations of farmers, ranchers, and producers or harvesters of aquatic products, if the operations of the applicant supply less than 20 percent of the total processing or marketing for which financing is extended, shall not exceed 15 percent of the total of all outstanding loans of such bank.". (b) PRODUCTION CREDIT ASSOCIATIONS. —Section 2.4(a)(l) (12 U.S.C. 2075(a)(l)) is amended by striking "at least 20 percent," and all that follows through the end of the paragraph and inserting "some portion of the total processing or marketing for which financing is extended, except that the aggregate of the financing provided by any association for basic processing and marketing directly related to the operations of farmers, ranchers, and producers or harvesters of aquatic products, if the operations of the applicant supply less than 20 percent of the total processing or marketing for which financing is extended, shall not exceed 15 percent of the total of all outstanding loans of all associations in the district at the end of its preceding fiscal year;". SEC. 1833. RESTORATION OF FIRST LIEN ON STOCK. Subtitle A of title II is amended— (1) by redesignating section 2.6 (12 U.S.C. 2077) as section 2.7; and (2) by inserting after section 2.5 (12 U.S.C. 2076) the following new section:

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