Catalyst 2950 is a layer 2 device, which means that it does not know anything about dynamic routing protocols which are implemented at layer 3 in OSI.
In a layer 2 device topology, loops are managed by the Spanning Tree Protocol, which ensures that at any given time, a loop free topology exists between your switches. This is acomplished by blocking certain ports to eliminate the loop and leaving the rest of the ports in forwarding state.
In case of a link failure between 2 forwarding ports, the STP recalculates the topology and transition the blocking port to forwarding to ensure connectivity again.
Regards, LG
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