45 CFR 1336.65
§ 1336.65 Staffing and organization of the Revolving Loan Fund: Responsibilities of the Loan Administrator.
United States · 45 CFR — Public Welfare · Status: effective
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- Citation
- 45 CFR 1336.65, § 1336.65 Staffing and organization of the Revolving Loan Fund: Responsibilities of the Loan Administrator, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/221302
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Full text
Prior to the approval of any direct loan under the RLF, the Loan Administrator must develop and obtain the Commissioner's approval for the RLF's organization table, including:
(a) The structure and composition of the Board of Directors of the RLF;
(b) The staffing requirements for the RLF, with position descriptions and necessary personnel qualifications;
(c) The appointments to the advisory loan review committee; and
(d) The roles and responsibilities of the Board, staff and loan review committee.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.