7 CFR 771.14
§ 771.14 Loan monitoring.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 771.14, § 771.14 Loan monitoring, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/20139
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Full text
(a) Annual and periodic reviews. At least annually, the borrower will meet with FSA representatives to review the financial status of the borrower, assess the progress of the eradication program utilizing loan funds, and identify any potential problems or concerns.
(b) Performance monitoring. At any time FSA determines it necessary, the borrower must allow FSA or its representative to review the operations and financial condition of the borrower. This may include, but is not limited to, field visits, and attendance at Foundation Board meetings. Upon FSA request, a borrower must submit any financial or other information within 14 days unless the data requested is not available within that time frame.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.