7 CFR 3565.110

§ 3565.110 Insolvency of lender.

United States · 7 CFR — Agriculture · Status: effective

Cite this

Citation: 7 CFR 3565.110, § 3565.110 Insolvency of lender, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30677
Permanent ID: ys:prov:30677@1
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Full text

The Agency may require a lender to transfer a guaranteed loan or loans to another approved lender prior to a determination of insolvency by the lender. If the lender fails to transfer a loan when required, the guarantee will be considered null and void.

Legislative history

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