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us/statute/42/1484/a — Authorization; terms and conditions · Axiom

Authorization; terms and conditions

2 rules2 of 5 subsections

The Secretary is authorized to insure and make commitments to insure loans made by lenders other than the United States to the owner of any farm or any association of farmers for the purpose of providing housing and related facilities for domestic farm labor, or to any Indian tribe for such purpose, or to any State (or political subdivision thereof), or any broad-based public or private nonprofit organization, or any limited partnership in which the general partner is a nonprofit entity, or any nonprofit organization of farmworkers incorporated within the State for the purpose of providing housing and related facilities for domestic farm labor any place within the State where a need exists. All such loans shall be made in accordance with terms and conditions substantially identical with those specified in section 1472 of this title , except that—

(1)

(1)#

no such loan shall be insured in an amount in excess of the value of the farm involved less any prior liens in the case of a loan to an individual owner of a farm, or the total estimated value of the structures and facilities with respect to which the loan is made in the case of any other loan;

(2)∀ 1#

no such loan shall be insured if it bears interest at a rate in excess of 1 per centum per annum;

(3)∀ 1#

out of interest payments by the borrower the Secretary shall retain a charge in an amount not less than one-half of 1 per centum per annum of the unpaid principal balance of the loan;

(4)#

the insurance contracts and agreements with respect to any loan may contain provisions for servicing the loan by the Secretary or by the lender, and for the purchase by the Secretary of the loan if it is not in default, on such terms and conditions as the Secretary may prescribe; and

(5)#

the Secretary may take mortgages creating a lien running to the United States for the benefit of the insurance fund referred to in subsection (b) notwithstanding the fact that the note may be held by the lender or his assignee.

in view

Whole section

Encodings · 2

insured_loan_interest_rate_cap42 USC § 1484 (a) (2) · parameter

42 USC 1484(a)(2)

name: insured_loan_interest_rate_cap
kind: parameter
dtype: Rate
source: 42 USC 1484(a)(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us/statute/42/1484
          excerpt: bears interest at a rate in excess of 1 per centum per annum
versions:
  - effective_from: '0001-01-01'
    formula: '0.01'

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secretary_retained_charge_minimum_rate42 USC § 1484 (a) (3) · parameter

42 USC 1484(a)(3)

name: secretary_retained_charge_minimum_rate
kind: parameter
dtype: Rate
source: 42 USC 1484(a)(3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us/statute/42/1484
          excerpt: not less than one-half of 1 per centum per annum
versions:
  - effective_from: '0001-01-01'
    formula: '0.005'

open in graph ↗

▸rulespec code

Shown source

statutes/42/1484.yaml

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This encoding covers the parent provision us/statute/42/1484; no dedicated encoding exists for this exact provision yet.

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Rules

insured_loan_interest_rate_cap

Parameter(2) in text ↖

source: 42 USC 1484(a)(2)

- name: insured_loan_interest_rate_cap
  kind: parameter
  dtype: Rate
  source: 42 USC 1484(a)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: bears interest at a rate in excess of 1 per centum per annum
  versions:
    - effective_from: '0001-01-01'
      formula: '0.01'

secretary_retained_charge_minimum_rate

Parameter(3) in text ↖

source: 42 USC 1484(a)(3)

- name: secretary_retained_charge_minimum_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1484(a)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: not less than one-half of 1 per centum per annum
  versions:
    - effective_from: '0001-01-01'
      formula: '0.005'

insurance_fund_charge_deposit_minimum_rate

Parameter

source: 42 USC 1484(b)(3)

- name: insurance_fund_charge_deposit_minimum_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1484(b)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: amounts not less than one-half of 1 per centum per annum
  versions:
    - effective_from: '0001-01-01'
      formula: '0.005'

qualifying_battery_smoke_alarm_service_life_years

Parameter

source: 42 USC 1484(k)(2)(B)(i)(I)(bb)

- name: qualifying_battery_smoke_alarm_service_life_years
  kind: parameter
  dtype: Count
  source: 42 USC 1484(k)(2)(B)(i)(I)(bb)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: uses 10-year non rechargeable, nonreplaceable primary batteries
  versions:
    - effective_from: '2022-12-29'
      formula: '10'

new_or_rehabilitated_dwelling_unit_requires_hardwired_smoke_alarm

Derived

source: 42 USC 1484(k)

- name: new_or_rehabilitated_dwelling_unit_requires_hardwired_smoke_alarm
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: >-
              dwelling unit built or substantially rehabilitated after December 29, 2022, is
              hardwired
  versions:
    - effective_from: '2022-12-29'
      formula: |-
        dwelling_unit_built_or_substantially_rehabilitated_after_statutory_smoke_alarm_date
        and smoke_alarm_is_hardwired

existing_dwelling_unit_has_qualifying_smoke_alarm

Derived

source: 42 USC 1484(k)

- name: existing_dwelling_unit_has_qualifying_smoke_alarm
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: >-
              built before December 29, 2022, and not substantially rehabilitated after December 29,
              2022
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: is hardwired; or ... uses 10-year non rechargeable, nonreplaceable primary batteries
  versions:
    - effective_from: '2022-12-29'
      formula: >-
        dwelling_unit_built_before_statutory_smoke_alarm_date

        and not dwelling_unit_substantially_rehabilitated_after_statutory_smoke_alarm_date

        and (smoke_alarm_is_hardwired or (smoke_alarm_uses_primary_batteries_with_service_life_years
        >= qualifying_battery_smoke_alarm_service_life_years and
        smoke_alarm_primary_batteries_are_non_rechargeable and
        smoke_alarm_primary_batteries_are_nonreplaceable and smoke_alarm_is_sealed and
        smoke_alarm_is_tamper_resistant and smoke_alarm_contains_silencing_means))

        and smoke_alarm_provides_required_hearing_loss_notification

farm_labor_loan_housing_contains_qualifying_smoke_alarms

Derived

source: 42 USC 1484(k)

- name: farm_labor_loan_housing_contains_qualifying_smoke_alarms
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: >-
              Housing and related facilities constructed with loans under this section shall contain
              qualifying smoke alarms
  versions:
    - effective_from: '2022-12-29'
      formula: >-
        constructed_with_loan_under_this_section

        and smoke_alarms_installed_in_accordance_with_applicable_codes_and_nfpa_72

        and smoke_alarms_installed_on_each_level_except_crawl_spaces_and_unfinished_attics

        and smoke_alarms_installed_in_or_near_each_sleeping_area

        and smoke_alarms_installed_in_each_common_area_in_project

        and (new_or_rehabilitated_dwelling_unit_requires_hardwired_smoke_alarm or
        existing_dwelling_unit_has_qualifying_smoke_alarm)

housing

Derived

source: 42 USC 1484(f)

- name: housing
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(f)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/42/1484
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        new_structure_suitable_for_dwelling_use_by_domestic_farm_labor

        or
        existing_structure_can_be_made_suitable_for_dwelling_use_by_domestic_farm_labor_by_rehabilitation_alteration_conversion_or_improvement

related_facilities

Derived

source: 42 USC 1484(f)

- name: related_facilities
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(f)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/42/1484
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        new_structure_suitable_for_dining_community_infirmary_or_other_essential_service_facility_use

        or
        existing_structure_can_be_made_suitable_for_dining_community_infirmary_or_other_essential_service_facility_use_by_rehabilitation_alteration_conversion_or_improvement

        or land_necessary_for_adequate_site

domestic_farm_labor

Derived

source: 42 USC 1484(f)

- name: domestic_farm_labor
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: 42 USC 1484(f)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/42/1484
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        receives_substantial_income_from_agricultural_or_aquacultural_production_handling_or_processing

        and (person_is_united_states_citizen or person_legally_admitted_for_permanent_residence or
        person_legally_admitted_to_united_states_and_authorized_to_work_in_agriculture)

retired_or_disabled_person_included_as_domestic_farm_labor

Derived

source: 42 USC 1484(f)

- name: retired_or_disabled_person_included_as_domestic_farm_labor
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: 42 USC 1484(f)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/42/1484
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        person_is_retired_or_disabled
        and person_was_domestic_farm_labor_at_retirement_or_disability

assistance_need_determination_limited_to_domestic_farm_labor_housing_needs

Derived

source: 42 USC 1484(h)

- name: assistance_need_determination_limited_to_domestic_farm_labor_housing_needs
  kind: derived
  entity: AssistanceArea
  dtype: Judgment
  period: Year
  source: 42 USC 1484(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: take into consideration the housing needs only of domestic farm labor
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        assistance_made_available_under_this_section_or_section_1486
        and need_determination_considers_only_domestic_farm_labor_housing_needs_in_area

assistance_decision_disregards_other_area_housing_needs

Derived

source: 42 USC 1484(h)

- name: assistance_decision_disregards_other_area_housing_needs
  kind: derived
  entity: AssistanceArea
  dtype: Judgment
  period: Year
  source: 42 USC 1484(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: without regard to the extent or nature of other housing needs in the area
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        assistance_made_available_under_this_section_or_section_1486
        and assistance_decision_made_without_regard_to_other_housing_needs_in_area

▸citations (1)

References

This rule cites 1 other rule.

42 USC § 1472inferredUS Federal › Statutes › Title 42 › § 1472

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Authorization; terms and conditions

2 rules2 of 5 subsections

Official source

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(1)

(1)#

(2)∀ 1#

no such loan shall be insured if it bears interest at a rate in excess of 1 per centum per annum;

(3)∀ 1#

out of interest payments by the borrower the Secretary shall retain a charge in an amount not less than one-half of 1 per centum per annum of the unpaid principal balance of the loan;

(4)#

(5)#

in view

Whole section

Encodings · 2

insured_loan_interest_rate_cap42 USC § 1484 (a) (2) · parameter

42 USC 1484(a)(2)

name: insured_loan_interest_rate_cap
kind: parameter
dtype: Rate
source: 42 USC 1484(a)(2)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us/statute/42/1484
          excerpt: bears interest at a rate in excess of 1 per centum per annum
versions:
  - effective_from: '0001-01-01'
    formula: '0.01'

open in graph ↗

secretary_retained_charge_minimum_rate42 USC § 1484 (a) (3) · parameter

42 USC 1484(a)(3)

name: secretary_retained_charge_minimum_rate
kind: parameter
dtype: Rate
source: 42 USC 1484(a)(3)
metadata:
  proof:
    atoms:
      - path: versions[0].formula
        kind: parameter
        source:
          corpus_citation_path: us/statute/42/1484
          excerpt: not less than one-half of 1 per centum per annum
versions:
  - effective_from: '0001-01-01'
    formula: '0.005'

open in graph ↗

▸rulespec code

Shown source

statutes/42/1484.yaml

Displaying the canonical repository encoding.

This encoding covers the parent provision us/statute/42/1484; no dedicated encoding exists for this exact provision yet.

View on GitHub

Rules

insured_loan_interest_rate_cap

Parameter(2) in text ↖

source: 42 USC 1484(a)(2)

- name: insured_loan_interest_rate_cap
  kind: parameter
  dtype: Rate
  source: 42 USC 1484(a)(2)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: bears interest at a rate in excess of 1 per centum per annum
  versions:
    - effective_from: '0001-01-01'
      formula: '0.01'

secretary_retained_charge_minimum_rate

Parameter(3) in text ↖

source: 42 USC 1484(a)(3)

- name: secretary_retained_charge_minimum_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1484(a)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: not less than one-half of 1 per centum per annum
  versions:
    - effective_from: '0001-01-01'
      formula: '0.005'

insurance_fund_charge_deposit_minimum_rate

Parameter

source: 42 USC 1484(b)(3)

- name: insurance_fund_charge_deposit_minimum_rate
  kind: parameter
  dtype: Rate
  source: 42 USC 1484(b)(3)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: amounts not less than one-half of 1 per centum per annum
  versions:
    - effective_from: '0001-01-01'
      formula: '0.005'

qualifying_battery_smoke_alarm_service_life_years

Parameter

source: 42 USC 1484(k)(2)(B)(i)(I)(bb)

- name: qualifying_battery_smoke_alarm_service_life_years
  kind: parameter
  dtype: Count
  source: 42 USC 1484(k)(2)(B)(i)(I)(bb)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: parameter
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: uses 10-year non rechargeable, nonreplaceable primary batteries
  versions:
    - effective_from: '2022-12-29'
      formula: '10'

new_or_rehabilitated_dwelling_unit_requires_hardwired_smoke_alarm

Derived

source: 42 USC 1484(k)

- name: new_or_rehabilitated_dwelling_unit_requires_hardwired_smoke_alarm
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: >-
              dwelling unit built or substantially rehabilitated after December 29, 2022, is
              hardwired
  versions:
    - effective_from: '2022-12-29'
      formula: |-
        dwelling_unit_built_or_substantially_rehabilitated_after_statutory_smoke_alarm_date
        and smoke_alarm_is_hardwired

existing_dwelling_unit_has_qualifying_smoke_alarm

Derived

source: 42 USC 1484(k)

- name: existing_dwelling_unit_has_qualifying_smoke_alarm
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: >-
              built before December 29, 2022, and not substantially rehabilitated after December 29,
              2022
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: is hardwired; or ... uses 10-year non rechargeable, nonreplaceable primary batteries
  versions:
    - effective_from: '2022-12-29'
      formula: >-
        dwelling_unit_built_before_statutory_smoke_alarm_date

        and not dwelling_unit_substantially_rehabilitated_after_statutory_smoke_alarm_date

        and (smoke_alarm_is_hardwired or (smoke_alarm_uses_primary_batteries_with_service_life_years
        >= qualifying_battery_smoke_alarm_service_life_years and
        smoke_alarm_primary_batteries_are_non_rechargeable and
        smoke_alarm_primary_batteries_are_nonreplaceable and smoke_alarm_is_sealed and
        smoke_alarm_is_tamper_resistant and smoke_alarm_contains_silencing_means))

        and smoke_alarm_provides_required_hearing_loss_notification

farm_labor_loan_housing_contains_qualifying_smoke_alarms

Derived

source: 42 USC 1484(k)

- name: farm_labor_loan_housing_contains_qualifying_smoke_alarms
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(k)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: >-
              Housing and related facilities constructed with loans under this section shall contain
              qualifying smoke alarms
  versions:
    - effective_from: '2022-12-29'
      formula: >-
        constructed_with_loan_under_this_section

        and smoke_alarms_installed_in_accordance_with_applicable_codes_and_nfpa_72

        and smoke_alarms_installed_on_each_level_except_crawl_spaces_and_unfinished_attics

        and smoke_alarms_installed_in_or_near_each_sleeping_area

        and smoke_alarms_installed_in_each_common_area_in_project

        and (new_or_rehabilitated_dwelling_unit_requires_hardwired_smoke_alarm or
        existing_dwelling_unit_has_qualifying_smoke_alarm)

housing

Derived

source: 42 USC 1484(f)

- name: housing
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(f)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/42/1484
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        new_structure_suitable_for_dwelling_use_by_domestic_farm_labor

        or
        existing_structure_can_be_made_suitable_for_dwelling_use_by_domestic_farm_labor_by_rehabilitation_alteration_conversion_or_improvement

related_facilities

Derived

source: 42 USC 1484(f)

- name: related_facilities
  kind: derived
  entity: HousingFacility
  dtype: Judgment
  period: Year
  source: 42 USC 1484(f)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/42/1484
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        new_structure_suitable_for_dining_community_infirmary_or_other_essential_service_facility_use

        or
        existing_structure_can_be_made_suitable_for_dining_community_infirmary_or_other_essential_service_facility_use_by_rehabilitation_alteration_conversion_or_improvement

        or land_necessary_for_adequate_site

domestic_farm_labor

Derived

source: 42 USC 1484(f)

- name: domestic_farm_labor
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: 42 USC 1484(f)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/42/1484
  versions:
    - effective_from: '0001-01-01'
      formula: >-
        receives_substantial_income_from_agricultural_or_aquacultural_production_handling_or_processing

        and (person_is_united_states_citizen or person_legally_admitted_for_permanent_residence or
        person_legally_admitted_to_united_states_and_authorized_to_work_in_agriculture)

retired_or_disabled_person_included_as_domestic_farm_labor

Derived

source: 42 USC 1484(f)

- name: retired_or_disabled_person_included_as_domestic_farm_labor
  kind: derived
  entity: Person
  dtype: Judgment
  period: Year
  source: 42 USC 1484(f)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: definition
          source:
            corpus_citation_path: us/statute/42/1484
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        person_is_retired_or_disabled
        and person_was_domestic_farm_labor_at_retirement_or_disability

assistance_need_determination_limited_to_domestic_farm_labor_housing_needs

Derived

source: 42 USC 1484(h)

- name: assistance_need_determination_limited_to_domestic_farm_labor_housing_needs
  kind: derived
  entity: AssistanceArea
  dtype: Judgment
  period: Year
  source: 42 USC 1484(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: take into consideration the housing needs only of domestic farm labor
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        assistance_made_available_under_this_section_or_section_1486
        and need_determination_considers_only_domestic_farm_labor_housing_needs_in_area

assistance_decision_disregards_other_area_housing_needs

Derived

source: 42 USC 1484(h)

- name: assistance_decision_disregards_other_area_housing_needs
  kind: derived
  entity: AssistanceArea
  dtype: Judgment
  period: Year
  source: 42 USC 1484(h)
  metadata:
    proof:
      atoms:
        - path: versions[0].formula
          kind: condition
          source:
            corpus_citation_path: us/statute/42/1484
            excerpt: without regard to the extent or nature of other housing needs in the area
  versions:
    - effective_from: '0001-01-01'
      formula: |-
        assistance_made_available_under_this_section_or_section_1486
        and assistance_decision_made_without_regard_to_other_housing_needs_in_area

▸citations (1)

References

This rule cites 1 other rule.

42 USC § 1472inferredUS Federal › Statutes › Title 42 › § 1472