7 CFR 3565.57
§ 3565.57 Modification, extension, reinstatement of loan guarantee.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 3565.57, § 3565.57 Modification, extension, reinstatement of loan guarantee, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30664
- Permanent ID
ys:prov:30664@1- SHA-256
9bd9c64774593deb1f85099124d41644eb39aa9ec76759d81e526d3dc051771a
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Full text
To protect its interest or further the objectives of the program, the Agency may, at its sole discretion, modify, extend, or reinstate a loan guarantee. In making this decision the Agency will consider potential losses under the program, impact on the tenants and the public reaction that may be received regarding the action. Further, the Agency may authorize a guarantee on a new loan that is originated as a part of a workout agreement.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.