7 CFR 1720.11

§ 1720.11 Servicing.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1720.11, § 1720.11 Servicing, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/27137
Permanent ID: ys:prov:27137@1
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Full text

The Secretary, or other agent of the Secretary on his or her behalf, shall have the right to service the guaranteed bond, and periodically inspect the facilities, assets, books, and accounts of the guaranteed lender or the collateral agent to ascertain compliance with the provisions of the RE Act and the bond documents.

Legislative history

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