7 CFR 767.51

§ 767.51 Property abandonment.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 767.51, § 767.51 Property abandonment, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/20051
Permanent ID: ys:prov:20051@1
SHA-256: 3514304f324ae8f08e081c3d67cb96b95827cb8a932faf3dafbba35bb789c003

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Full text

The Agency will take actions necessary to secure, maintain, preserve, manage, and operate the abandoned security property, including marketing perishable security property on behalf of the borrower when such action is in the Agency's financial interest. If the security is in jeopardy, the Agency will take the above actions prior to completing servicing actions contained in 7 CFR part 766.

Legislative history

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