7 CFR 1421.419

§ 1421.419 MAL or LDP servicing.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1421.419, § 1421.419 MAL or LDP servicing, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25719
Permanent ID: ys:prov:25719@1
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Full text

(a) The DMA is responsible for servicing MALs and are required to take the following actions: (1) Send the producer a maturity notice letter before MAL maturity. (2) Maintain the MAL or LDP documents according to FSA requirements. (3) Transmit the necessary funds to repay the MAL to FSA. (b) FSA will process the CCC release of paper receipts or EWRs where such a release is appropriate.

Legislative history

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