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VOLUME 14

1934

fr

NUMBER 152

A / IT E O

,
Washington Tuesday, August 9, 1949

TITLE 6 AGRICULTURAL CREDIT
Chapter III Farmers Home Adminis tration, Department of Agriculture Subchapter F Miscellaneous Regulations
P art 381 D isaster L oan P rogram
Part 381 of Subchapter P in Chapter III, Title 6, Code of Federal Regulations 13 P. R. 9473 is redesignated Disaster Loan Program and is amended to read as follows:
SUBPART A--- LOANS UNDER SECTION
LAW 38, 81ST CONGRESS

Sec.
381.1
381.2
381.3
381.4
381.5
381.6
381.7
381.8
381.9
381.10
381.11

2, PUBLIC

G eneral.
Purpose a n d scope o f program .
D esign ation of disaster areas.
E lig ibility a n d certifications.
L oa n purposes.
R ates a n d term s.
Security requirem ents.
Advances resulting in p erm an en t real estate im provem ents.
L o a n form s a n d routines.
L oa n approval authority.
Servicing disaster loans.

SUBPART B LOANS UNDER ITEM "LO ANS TO
FARMERS, PROPERTY DAMAGE , PUBLIC LAW V I, 81ST CONGRESS

381.21
381.22
381.23

G eneral.
L oa n authorization.
L o a n m akin g and servicing policies an d procedures.

SUBPART A LOANS UNDER SECTION 2, PUBLIC
LAW 38, 81ST CONGRESS
A u t h o r i t y : 381.1 to 381.11 issued un d er sec. 2 a , P ub. L a w 38, 81st Cong.
D e r i v a t i o n : 381.1 to 381.11 contained in F H A In stru ction 445.1.

381.1 General. Sections 381.1 to 381.11 provide policies and procedures for making and servicing Disaster Loans under Public Law 38, 81st Congress ap proved April 6, 1949. By order of the Secretary of Agriculture dated April 15, 1949 14 F. R. 2048, the authority and responsibility for the administration of the disaster loan program was delegated to the Administrator of the Farmers Home Administration.
381.2 Purpose and scope of program.
The primary purpose of the disaster loan program is the extension of credit to farmers and stockmen, in designated dis aster areas, who have suffered damage as a result of a production disaster and who are unable to obtain from commer cial banks, cooperative lending agencies,
or other responsible sources the credit required to carry on their farming or livestock operations. Planning and su pervisory assistance will be provided disaster loan borrowers only when such borrowers also are indebted to the Farmers Home Administration for other types of loans in connection with which planning and supervisory assistance is furnished, in connection with some dis aster loans involving building repairs and replacements, other real estate improve ments, and orchard and other specialized operations, technical assistance may be required in order to make sound loans and to insure the wise use of funds ad vanced. In such cases applicants shall utilize the services provided by Federal and State agencies, and, when feasible, the services of qualified persons or firms, in obtaining needed technical assistance.
The Farmers Home Administration will assist applicants in obtaining such serv ices from other sources, and may pro vide minimum technical services avail able within its organization to applicants whenever personnel is available.
381.3 Designation of disaster areas.
Disaster loans will be restricted to areas designated by the Secretary of Agricul ture! A disaster area may consist of a State or county or any combination of States or counties in which a disaster has reduced substantially agricultural pro duction in the area and has created a need for emergency credit not otherwise readily available in the area.

CONTENTS
Agriculture Department
Pase
See Animal Industry Bureau;
Farmers Home Administration;
Forest Seryice.

Air Force Department Notices :
Functions, powers, and duties contained in various statutes and Executive orders; trans fer from Department of the Army see National Military Establishment.

Alien Property, Office of Notices:
Vesting orders, etc.:
Del Monte, Dorothea Ballard Smith Marigliano---- 4917
Friis, Carsten_______________- 4917
Giampiccolo, Giuseppe, et al_ 4918
Kahn, Adolph, et al-------- 4917
Kitagawa, Wataru-------- 4916
Klein, Lajos and Erzsebet-
4917
Kosak, Franz Alexander_ 4917
Kuhlmann, Frederick-----4916
Laoureux, Hilda Eugenie, et 4917
al_____________________
Mezzera Société Per Azioni___ 4917

Animal Industry Bureau Proposed rule making:
Recognition of breeds and books of record of purebred animals.

4906

Army Department See also Engineers Corps.
Notices:
Functions, -powers, and duties contained in various statutes and Executive orders; trans fer to Department of the Air Force see National Military Establishment.
Personnel ; discharge because of dependency or hardship------

381.4 Eligibility and certifications.
Any farm owner, or farm operator, or stockman including a partnership or corporation engaged primarily in farm ing or stock-raising operations who has suffered damage as a result of a produc tion disaster, is eligible to receive a dis aster loan provided the applicant is un able to obtain the loan applied for from Civil Aeronautics Board commercial banks, cooperative lending Notices :
agencies, or other responsible sources.
Accident near Chesterfield, N. J. ;
a Certification by applicant. Be hearing_____________________
fore a disaster loan may be made the ap Coast Guard plicant must certify on Form FHA 202, Notices:
Application and Certifications for Dis Approval of equipment---------aster Loan, that he has suffered damage Commerce Department as a result of a disaster and that he is See International Trade, Office of.
unable to obtain the loan applied for from commercial banks, cooperative Community Facilities Bureau lending agencies or other responsible Rules and regulations:
sources.
Advance planning ; editorial note_________________________
C o n tin u e d on p. 4891
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