Page:United States Statutes at Large Volume 95.djvu/1372

 95 STAT. 1346

PUBLIC LAW 97-98—DEC. 22, 1981 TITLE XVI—CREDIT, RURAL DEVELOPMENT, AND FAMILY FARMS

FARMERS HOME ADMINISTRATION REAL ESTATE AND OPERATING LOANS TO COOPERATIVES

SEC. 1601. (a) The last sentence of section 302 of the Consolidated Farm and Rural Development Act (7 U.S.C. 1922) is amended by striking out "cooperatives, corporations, and partnerships", and inserting in lieu thereof "corporations and partnerships", and by inserting immediately before the period at the end thereof the following: "in the case of cooperatives, corporations, and partnerships". (b) The last sentence of section 311(a) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1941(a)) is amended by striking out "cooperatives, corporations, and partnerships", and inserting in lieu thereof "corporations and partnerships", and by inserting immediately before the period at the end thereof the following: "in the case of cooperatives, corporations, and partnerships". EQUALIZING ACCESS TO CREDIT FOR WIDOWS AND OTHER SINGLE PARENTS

SEC. 1602. The second sentence of section 303(a) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1923(a)) is amended by striking out "are married or". LEASE OF FACHJTIES

SEC. 1603. Section 331(i) of the (Consolidated Farm and Rural Development Act (7 U.S.C. 1981(i)) is amended by inserting immediately after "consent to" the following: "(1) long-term leases of facilities financed under this title notwithstanding the failure of the lessee to meet any of the requirements of this title if such long-term leases are necessary to ensure the continuation of services for which financing was extended to the lessor, and (2)". BORROWER'S NET WORTH

SEC. 1604. Section 333(a) of the Consolidated Farm and Rural Development Act (7 U.S.C. 1983(a)) is amended by inserting "(1)" immediately after "the applicant" and inserting before the semicolon at the end thereof the following: ", and (2) to furnish a written statement showing the applicant's net worth". E X T E N S I O N O F THE E M E R G E N C Y A G R I C U L T U R A L CREDIT ADJUSTMENT

ACT OF 1978

SEC. 1605. Section 211 of the Emei^ency Agricultural Credit AcUustment Act of 1978 (7 U.S.C. prec. 1961 note) is amended by striking out "September 30, 1981 and inserting in lieu thereof "September 30, 1982: Providedy That the Secretary may not make new contracts of insurance or guarantee under this title that will cause the total amount of money borrowed under such contracts during any fiscal year to exceed $600,000,000".

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