7 CFR 1434.17
§ 1434.17 Liquidation of loans.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 1434.17, § 1434.17 Liquidation of loans, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25909
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Full text
(a) The producer is required to repay the loan on or before maturity by payment of the amount of loan, plus any charges, plus interest.
(b) If a producer fails to settle the loan in accordance with paragraph (a) of this section within 30 calendar days from the maturity date of such loan, or other reasonable time period as established by CCC, a claim for the loan amount, plus charges, plus interest will be established. CCC will inform the producer before the maturity date of the loan of the date by which the loan must be settled or a claim will be established in accordance with part 1403 of this title.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.