7 CFR 3550.114

§ 3550.114 Repayment agreement (grants only).

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 3550.114, § 3550.114 Repayment agreement (grants only), United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30262
Permanent ID: ys:prov:30262@1
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Full text

Grant recipients are required to sign a repayment agreement which specifies that the full amount of the grant must be repaid if the property is sold in less than 3 years from the date the grant agreement was signed.

Legislative history

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