7 CFR 1735.72

§ 1735.72 Acquisition agreements.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1735.72, § 1735.72 Acquisition agreements, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/27413
Permanent ID: ys:prov:27413@1
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Full text

When borrowers are seeking RUS financing, acquisition agreements between the borrower and the seller must be in form and substance satisfactory to RUS and shall be expressly conditioned on approval of the agreement by RUS and on obtaining an RUS loan. Normally, the acquisition agreement will not be approved by RUS until the loan has been approved.

Legislative history

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