{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/3.2-504.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/3.2-504.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/3.2-504.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/3.2-504.html"}],"law_id":60013,"edition_id":1,"section_id":60013,"structure_id":15679,"section_number":"3.2-504","catch_line":"Loans","history":"1978, c. 837, \u00a7 3.1-22.18; 2008, c. 860.","full_text":"The Governor or his designee may approve a loan to any farmer who has suffered the effects of a major disaster upon the recommendation of the Commissioner and subject to the following terms and conditions:\n\n1\n\nThe assistance provided for in this section shall not be extended unless the farmer has applied for and received approval for a loan exceeding the amount requested pursuant hereto from any federal agency providing disaster relief loans. Upon approval of a loan by such federal agency, the Governor or his designee may approve a loan not to exceed $10,000.2\n\nThe loan shall be available only for operating expenses for the farming operation.3\n\nNo interest shall be charged for the loan.4\n\nRepayment shall be made within one year or upon receipt of loan funds from any federal agency providing disaster relief, whichever is sooner. The Department may require the farmer to provide sufficient security or to make provision for direct payment from federal lending agencies of the entire amount of the loan made pursuant to this chapter as a condition of granting the loan.5\n\nA maximum of $10,000 may be loaned any one farmer. The Governor at his discretion may reduce or increase the maximum amount of the loan.6\n\nThe availability of loans provided for in this section shall be based on and subject to the moneys accumulated in the Farmers Major Disaster Fund established in § 3.2-506.","order_by":null,"text":{"0":{"id":219687,"text":"The Governor or his designee may approve a loan to any farmer who has suffered the effects of a major disaster upon the recommendation of the Commissioner and subject to the following terms and conditions:","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1,"next_prefix":"1"},"1":{"id":219688,"text":"The assistance provided for in this section shall not be extended unless the farmer has applied for and received approval for a loan exceeding the amount requested pursuant hereto from any federal agency providing disaster relief loans. Upon approval of a loan by such federal agency, the Governor or his designee may approve a loan not to exceed $10,000.","type":"section","prefixes":["1"],"prefix":"1","entire_prefix":"1","prefix_anchor":"1","level":1,"prior_prefix":"","next_prefix":"2"},"2":{"id":219689,"text":"The loan shall be available only for operating expenses for the farming operation.","type":"section","prefixes":["2"],"prefix":"2","entire_prefix":"2","prefix_anchor":"2","level":1,"prior_prefix":"1","next_prefix":"3"},"3":{"id":219690,"text":"No interest shall be charged for the loan.","type":"section","prefixes":["3"],"prefix":"3","entire_prefix":"3","prefix_anchor":"3","level":1,"prior_prefix":"2","next_prefix":"4"},"4":{"id":219691,"text":"Repayment shall be made within one year or upon receipt of loan funds from any federal agency providing disaster relief, whichever is sooner. The Department may require the farmer to provide sufficient security or to make provision for direct payment from federal lending agencies of the entire amount of the loan made pursuant to this chapter as a condition of granting the loan.","type":"section","prefixes":["4"],"prefix":"4","entire_prefix":"4","prefix_anchor":"4","level":1,"prior_prefix":"3","next_prefix":"5"},"5":{"id":219692,"text":"A maximum of $10,000 may be loaned any one farmer. The Governor at his discretion may reduce or increase the maximum amount of the loan.","type":"section","prefixes":["5"],"prefix":"5","entire_prefix":"5","prefix_anchor":"5","level":1,"prior_prefix":"4","next_prefix":"6"},"6":{"id":219693,"text":"The availability of loans provided for in this section shall be based on and subject to the moneys accumulated in the Farmers Major Disaster Fund established in § 3.2-506.","type":"section","prefixes":["6"],"prefix":"6","entire_prefix":"6","prefix_anchor":"6","level":1,"prior_prefix":"5"}},"ancestry":[{"id":15679,"edition_id":1,"name":"Farmer Major Drought, Flood, and Hurricane Disaster Assistance","identifier":"5","label":"chapter","depth":3,"order_by":1,"parent_id":13126,"metadata":{},"date_created":"2026-06-26 03:57:47","date_modified":"2026-06-26 03:57:47","permalink":{"id":194189,"object_type":"structure","relational_id":15679,"identifier":"5","token":"3.2\/I\/5","url":"\/3.2\/I\/5\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13126,"edition_id":1,"name":"General Provisions; Protection and Promotion of Agriculture","identifier":"I","label":"subtitle","depth":2,"order_by":1,"parent_id":12793,"metadata":{},"date_created":"2026-06-26 03:44:19","date_modified":"2026-06-26 03:44:19","permalink":{"id":193941,"object_type":"structure","relational_id":13126,"identifier":"I","token":"3.2\/I","url":"\/3.2\/I\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12793,"edition_id":1,"name":"Agriculture, Animal Care, and Food","identifier":"3.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:53","date_modified":"2026-06-26 03:43:53","permalink":{"id":193939,"object_type":"structure","relational_id":12793,"identifier":"3.2","token":"3.2","url":"\/3.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85802,"structure_id":15679,"section_number":"3.2-500","catch_line":"Definitions","url":"\/3.2-500\/","token":"3.2\/I\/5\/3.2-500","metadata":false},{"id":82647,"structure_id":15679,"section_number":"3.2-501","catch_line":"Declaration by Governor","url":"\/3.2-501\/","token":"3.2\/I\/5\/3.2-501","metadata":false},{"id":84462,"structure_id":15679,"section_number":"3.2-502","catch_line":"Administration","url":"\/3.2-502\/","token":"3.2\/I\/5\/3.2-502","metadata":false},{"id":62757,"structure_id":15679,"section_number":"3.2-503","catch_line":"Repealed","url":"\/3.2-503\/","token":"3.2\/I\/5\/3.2-503","metadata":false},{"id":60013,"structure_id":15679,"section_number":"3.2-504","catch_line":"Loans","url":"\/3.2-504\/","token":"3.2\/I\/5\/3.2-504","metadata":false},{"id":66377,"structure_id":15679,"section_number":"3.2-505","catch_line":"Emergency services","url":"\/3.2-505\/","token":"3.2\/I\/5\/3.2-505","metadata":false},{"id":86809,"structure_id":15679,"section_number":"3.2-506","catch_line":"Farmers Major Disaster Fund established","url":"\/3.2-506\/","token":"3.2\/I\/5\/3.2-506","metadata":false}],"previous_section":{"id":62757,"structure_id":15679,"section_number":"3.2-503","catch_line":"Repealed","url":"\/3.2-503\/","token":"3.2\/I\/5\/3.2-503","metadata":false},"next_section":{"id":66377,"structure_id":15679,"section_number":"3.2-505","catch_line":"Emergency services","url":"\/3.2-505\/","token":"3.2\/I\/5\/3.2-505","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/3.2-504\/","history_text":"

This law was first created in 1978. The record of its establishment is cataloged in chapter 837 of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year. Unfortunately, the 1978 \u201cActs\u201d aren\u2019t available online. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2008, chapter 860<\/a>.<\/p>","references":false,"refers_to":[{"id":86809,"section_number":"3.2-506","catch_line":"Farmers Major Disaster Fund established","order_by":null,"url":"\/3.2-506\/"}],"permalink":{"id":194207,"object_type":"law","relational_id":60013,"identifier":"3.2-504","token":"3.2\/I\/5\/3.2-504","url":"\/3.2-504\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/3.2-504\/","token":"3.2\/I\/5\/3.2-504","dublin_core":{"Title":"Loans","Type":"Text","Format":"text\/html","Identifier":"\u00a7 3.2-504","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

The Governor or his designee may approve a loan to any farmer<\/span> who has suffered the effects of a major disaster<\/span> upon the recommendation of the Commissioner<\/span> and subject to the following terms and conditions:<\/p><\/section>\n\t\t\t\t\t\t

1.<\/span> The assistance provided for in this section shall not be extended unless the farmer<\/span> has applied for and received approval for a loan exceeding the amount requested pursuant hereto from any federal agency providing disaster relief loans. Upon approval of a loan by such federal agency, the Governor or his designee may approve a loan not to exceed $10,000. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

2.<\/span> The loan shall be available only for operating expenses for the farming operation. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

3.<\/span> No interest shall be charged for the loan. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

4.<\/span> Repayment shall be made within one year or upon receipt of loan funds from any federal agency providing disaster relief, whichever is sooner. The Department<\/span> may require the farmer<\/span> to provide sufficient security or to make provision for direct payment from federal lending agencies of the entire amount of the loan made pursuant to this chapter as a condition of granting the loan. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

5.<\/span> A maximum of $10,000 may be loaned any one farmer<\/span>. The Governor at his discretion may reduce or increase the maximum amount of the loan. <\/i><\/a><\/p><\/section>\n\t\t\t\t\t\t

6.<\/span> The availability of loans provided for in this section shall be based on and subject to the moneys accumulated in the Farmers<\/span> Major Disaster<\/span> Fund established in § 3.2-506<\/a>. <\/i><\/a><\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nLOANS (\u00a7 3.2-504)\n\nThe Governor or his designee may approve a loan to any farmer who has suffered\nthe effects of a major disaster upon the recommendation of the Commissioner and\nsubject to the following terms and conditions:\n\n1. The assistance provided for in this section shall not be extended unless the\nfarmer has applied for and received approval for a loan exceeding the amount\nrequested pursuant hereto from any federal agency providing disaster relief\nloans. Upon approval of a loan by such federal agency, the Governor or his\ndesignee may approve a loan not to exceed $10,000.\n\n2. The loan shall be available only for operating expenses for the farming\noperation.\n\n3. No interest shall be charged for the loan.\n\n4. Repayment shall be made within one year or upon receipt of loan funds from\nany federal agency providing disaster relief, whichever is sooner. The\nDepartment may require the farmer to provide sufficient security or to make\nprovision for direct payment from federal lending agencies of the entire amount\nof the loan made pursuant to this chapter as a condition of granting the loan.\n\n5. A maximum of $10,000 may be loaned any one farmer. The Governor at his\ndiscretion may reduce or increase the maximum amount of the loan.\n\n6. The availability of loans provided for in this section shall be based on and\nsubject to the moneys accumulated in the Farmers Major Disaster Fund established\nin § 3.2-506.\n\nHISTORY: 1978, c. 837, \u00a7 3.1-22.18; 2008, c. 860.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}