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7 CFR 1726.11

§ 1726.11 Purpose.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 1726.11, § 1726.11 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/27202
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Each borrower is responsible for the planning, design, construction, operation and maintenance of its electric system. RUS, as a secured lender, has a legitimate interest in accomplishing RUS's programmatic objectives, and in assuring that the costs of construction, materials, and equipment are reasonable and economical and that the property securing the loans is constructed adequately to serve the purposes for which it is intended.

Legislative history

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