7 CFR 1710.104
§ 1710.104 Service to non-RE Act beneficiaries.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 1710.104, § 1710.104 Service to non-RE Act beneficiaries, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/26900
- Permanent ID
ys:prov:26900@1- SHA-256
2b6b253d22a66c1a4b91a13b7f4602a43797b595114b23818270c8d45c8e2cdc
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) To the greatest extent practical, loans are limited to providing and improving electric facilities to serve consumers that are RE Act beneficiaries. When it is determined by the Administrator to be necessary in order to furnish or improve electric service in rural areas, loans may, under certain circumstances, be made to finance electric facilities to serve consumers that are not RE Act beneficiaries.
(b) Loan funds may be approved for facilities to serve non-RE Act beneficiaries only if:
(1) The primary purpose of the loan is to furnish or improve service for RE Act beneficiaries; and
(2) The use of loan funds to serve non-RE Act beneficiaries is necessary and incidental to the primary purpose of the loan.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.