7 CFR 1434.18
§ 1434.18 Loan repayments.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 1434.18, § 1434.18 Loan repayments, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/25910
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Full text
(a) A honey producer may repay a nonrecourse MAL during the loan period at a rate that is the lesser of:
(1) The principal, plus interest; or
(2) The alternative repayment rate for honey as determined by the Secretary.
(3) In the event of a severe disruption to marketing, transportation, or related infrastructure, the Secretary may modify the repayment rate otherwise applicable under this section for MALs. Any adjustment made to the repayment rate for MALs for honey under this part will be in effect on a short-term and temporary basis, as determined by the Secretary.
(b) To the extent practicable, CCC will determine and announce the alternative repayment rate, based upon the prevailing domestic market price for honey, on a monthly basis.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.