7 CFR 1951.151

§ 1951.151 Purpose.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 1951.151, § 1951.151 Purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/29054
Permanent ID: ys:prov:29054@1
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Full text

This subpart prescribes authorizations, policies, and procedures of theRural Housing Service (RHS), and Rural Business-Cooperative Service (RBS), herein referred to as “Agency,” for processing final payment on all loans. This subpart does not apply to Direct Single Family Housing customers or to the Rural Rental Housing, Rural Cooperative Housing, or Farm Labor Housing Program of the RHS. This subpart does not apply to Water and Waste Programs of the Rural Utilities Service, Watershed loans, and Resource Conservation and Development loans, which are serviced under part 1782 of this title. In addition, this subpart is inapplicable to Farm Service Agency, Farm Loan Programs.

Legislative history

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