7 CFR 769.111
§ 769.111 Loan approval and obligating funds.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 769.111, § 769.111 Loan approval and obligating funds, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/20087
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Full text
(a) Loan requests will be processed based on the date the Agency receives the application. Loan approval is subject to the availability of funds.
(b) The loan will be considered approved for the intermediary lender on the date the signed copy of the obligation of funds document is mailed to the intermediary lender.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.