42 U.S.C. § 9811. Limitation on assistance

No financial assistance shall be provided under this part unless the Secretary determines that—

  1. (1)
    (1)any cooperative association receiving assistance has a minimum of fifteen active members, a majority of which are low-income rural persons;
  2. (2)
    (2)adequate technical assistance is made available and committed to the programs being supported;
  3. (3)
    (3)such financial assistance will materially further the purposes of this part; and
  4. (4)
    (4)the applicant is fulfilling or will fulfill a need for services, supplies, or facilities which is otherwise not being met.
(Pub. L. 97–35, title VI, § 622, Aug. 13, 1981, 95 Stat. 494.)