---
kind: "section"
citation: "16 U.S.C. § 2807"
title: "16"
title_heading: "Conservation"
number: "2807"
heading: "Capital requirements for aquaculture"
release: "119-102"
url: "https://uscodex.org/usc/16/2807"
units:
  - "Chapter 48 — National Aquaculture Policy, Planning, and Development"
---

# §2807. Capital requirements for aquaculture

- (a) **Capital requirements study—** The [Secretaries](/usc/16/2802.md?p=7), through the [coordinating group](/usc/16/2802.md?p=4), shall conduct within twelve months after September 26, 1980, a study of the capital requirements of the United States [aquaculture](/usc/16/2802.md?p=1) industry. The study shall—
  - (1) document and analyze any capital constraints that affect the development of [aquaculture](/usc/16/2802.md?p=1) in the United States; and
  - (2) evaluate the role that appropriate Federal financial assistance does or could play in filling gaps in the normal credit market with respect to [aquaculture](/usc/16/2802.md?p=1).

  The study will identify the capital needs of the United States [aquaculture](/usc/16/2802.md?p=1) industry, with emphasis on the needs that are not being filled either in normal credit channels or through government [programs](/usc/16/460ss–6.md?p=1) for direct loans, loan guarantees, disaster loans, and insurance. Upon its completion, the [Secretaries](/usc/16/2802.md?p=7) shall submit the results of the study to Congress.

- (b) **Capital requirements plan—** Based on the results of the Capital Requirements Study conducted under [subsection (a)](#a), and within six months of the completion of the study, the [Secretaries](/usc/16/2802.md?p=7) shall formulate a plan for acting on the study’s findings. The plan shall include: (1) those Federal actions, if any, found to be necessary to meet financial needs unmet through normal credit channels and existing Federal [programs](/usc/16/460ss–6.md?p=1); and (2) recommendations, if any, for legislative actions. Upon completion, the plan shall be submitted to Congress.

## Source credit

(Pub. L. 96–362, § 8, Sept. 26, 1980, 94 Stat. 1204.)