7 CFR 1703.300
§ 1703.300 Purpose.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 1703.300, § 1703.300 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/26795
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Full text
This subpart H sets forth RUS' policies and procedures for making loan deferments of principal and interest payments on direct loans or insured loans made for electric or telephone purposes, but not for loans made for rural economic development purposes, in accordance with subsection (b) of section 12 of the RE Act. Loan deferments are provided for the purpose of promoting rural development opportunities.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.