7 CFR 1710.154
§ 1710.154 Board of Director Resolutions.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 1710.154, § 1710.154 Board of Director Resolutions, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/26930
- Permanent ID
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6beffe154cabe39f1e7123238961f231f010db65a62d01634cceabe4ee35701a
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Full text
Specific actions that require a Board of Director Resolution from a borrower:
(a) Board approval of loan documents;
(b) Major change in the terms of a loan, i.e. maturity;
(c) Initial access to RD Apply (or successor RUS online application systems);
(d) Requests for approval by a Board, acting as the regulatory authority, for any departure from the RUS Uniform System of Accounts with the exception of those deferrals specifically identified in § 1767.13(d); and
(e) eAuthentication requirements.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.