7 CFR 1717.159

§ 1717.159 Applications for RUS approvals of mergers.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1717.159, § 1717.159 Applications for RUS approvals of mergers, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/27014
Permanent ID: ys:prov:27014@1
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Full text

If a proposed merger requires RUS approval according to RUS regulations and/or the loan documents executed by any of the active borrowers involved, the application must be submitted to RUS not later than 90 days prior to the effective date of the proposed borrower action. A distribution borrower should consult with its assigned RUS general field representative, and a power supply borrower with the Director, Power Supply Division for general information prior to submitting the request.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.