12 USC 2202e: Waiver of mediation rights by borrowers
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12 USC 2202e: Waiver of mediation rights by borrowers Text contains those laws in effect on November 20, 2024
From Title 12-BANKS AND BANKINGCHAPTER 23-FARM CREDIT SYSTEMSUBCHAPTER IV-PROVISIONS APPLICABLE TO TWO OR MORE CLASSES OF INSTITUTIONS OF THE SYSTEMPart C-Rights of Borrowers; Loan Restructuring
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§2202e. Waiver of mediation rights by borrowers

No System institution may make a loan secured by a mortgage or lien on agricultural property to a borrower on the condition that the borrower waive any right under the mediation program of any State.

(Pub. L. 92–181, title IV, §4.14E, as added Pub. L. 100–233, title V, §511, Jan. 6, 1988, 101 Stat. 1664 ; amended Pub. L. 103–354, title II, §282(f)(2), Oct. 13, 1994, 108 Stat. 3235 .)


Editorial Notes

Amendments

1994-Pub. L. 103–354 struck out "agricultural loan" before "mediation program".