7 CFR 1752.28
§ 1752.28 Interest accrual.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 1752.28, § 1752.28 Interest accrual, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/27684
- Permanent ID
ys:prov:27684@1- SHA-256
30838c1f4c774266a83d7b8c261ae4c2a4d85d69a6abe4f2c3968bd907e4c031
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The Agency may determine to stop accruing interest if the account has remained delinquent for a period of 18 months or more, and the Agency has determined, in its sole discretion, that it will not recover the full outstanding principal balance on the loan.
(b) Notwithstanding paragraph (a) of this section, the Administrator may waive the accrual of interest on any outstanding delinquent debt, if in the sole determination of the Administrator, such waiver facilitates and maximizes the Government's recovery of the debt, such as under a voluntary foreclosure by the Borrower.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.