7 U.S.C. § 2008b

Socially disadvantaged farmers and ranchers; qualified beginning farmers and ranchers

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.

( Pub. L. 87–128, title III, § 367 , as added Pub. L. 115–334, title V, § 5306 , Dec. 20, 2018 , 132 Stat. 4673 .)