7 CFR 766.53
§ 766.53 Disaster Set-Aside amount limitations.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 766.53, § 766.53 Disaster Set-Aside amount limitations, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/19969
- Permanent ID
ys:prov:19969@1- SHA-256
c3a34682b6218178cd9d02942353850cc2ca8465d1bdb0b8709b95bc2d31db6d
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The DSA amount is limited to the lesser of:
(1) The first or second scheduled annual installment on the FLP loans due after the disaster occurred; or
(2) The amount the borrower is unable to pay the Agency due to the disaster. Borrowers are required to pay any portion of an installment they are able to pay.
(b) The amount set aside will be the unpaid balance remaining on the installment at the time the DSA is complete. This amount will include the unpaid interest and any principal that would be credited to the account as if the installment were paid on the due date, taking into consideration any payments applied to principal and interest since the due date.
(c) Recoverable cost items may not be set aside.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.