7 CFR 1786.103
§ 1786.103 Security.
United States · 7 CFR — Agriculture · Status: effective
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- Citation
- 7 CFR 1786.103, § 1786.103 Security, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/28297
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Full text
If, after prepayment of RUS Notes, the Government should continue to hold liens on the borrower's property, the Administrator of RUS will consider a request for the accommodation of such liens for the purpose of providing security for loans the proceeds of which were used to prepay RUS Notes. Such lien accommodations shall be limited in amount to the Discounted Present Value of the RUS Notes plus such costs, as the Administrator shall determine to be reasonable, incurred by the borrower in obtaining such loans.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.