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7 CFR 1786.150

§ 1786.150 Purpose.

United States · 7 CFR — Agriculture · Status: effective

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7 CFR 1786.150, § 1786.150 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/28304
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This subpart sets forth the policies and procedures of RUS whereby borrowers may prepay, with private financing or internally generated funds, outstanding RUS Notes evidencing electric loans at the Discounted present value of the RUS Notes, pursuant to the provisions of section 306(B) of the RE Act as amended by Public Law 102-428, 106 Stat. 2183, adopted October 21, 1992.

Legislative history

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