7 CFR 1720.13
§ 1720.13 Limitations on guarantees.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 1720.13, § 1720.13 Limitations on guarantees, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/27139
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Full text
In a given year the maximum amount of guaranteed bonds that the Secretary may approve will be subject to budget authority, together with receipts authority from projected fee collections from guaranteed lenders, the principal amount of outstanding eligible loans made by the guaranteed lender, and Congressionally-mandated ceilings on the total amount of credit. The Secretary may also impose other limitations as appropriate to administer this guarantee program.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.