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7 CFR 1737.91

§ 1737.91 Approval.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 1737.91, § 1737.91 Approval, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/27476
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Full text

(a) A loan is approved when the Administrator, or whoever is delegated authority, signs the administrative findings and the letter to the borrower announcing the loan. (b) If the loan is not approved, RUS shall notify the borrower, in writing, of the reasons.

Legislative history

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