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7 CFR 1776.11

§ 1776.11 Revolving loan fund.

United States · 7 CFR — Agriculture · Status: effective

Banking, Finance & Insurance
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7 CFR 1776.11, § 1776.11 Revolving loan fund, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/27998
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Full text

The grant recipient shall establish and maintain a revolving loan fund for the purposes set forth in § 1776.12. All loans made to loan recipients shall be drawn from the revolving loan fund. The loans shall be serviced, and the revolving loan fund shall be maintained, as set forth in § 1776.17.

Legislative history

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