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7 CFR 765.203

§ 765.203 Protective advances.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 765.203, § 765.203 Protective advances, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/19924
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Full text

When necessary to protect the Agency's security interest, costs incurred for the following actions will be charged to the borrower's account: (a) Maintain abandoned security property; (b) Preserve inadequately maintained security; (c) Pay real estate taxes and assessments; (d) Pay property, hazard, or flood insurance; (e) Pay harvesting costs; (f) Maintain Agency security instruments; (g) Pay ground rents; (h) Pay expenses for emergency measures to protect the Agency's collateral; and (i) Protect the Agency from actions by third parties.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.