7 CFR 3565.209

§ 3565.209 Loan amortization.

United States · 7 CFR — Agriculture · Status: effective

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Citation: 7 CFR 3565.209, § 3565.209 Loan amortization, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30699
Permanent ID: ys:prov:30699@1
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Full text

Each guaranteed loan shall be made for a period of not less than 25 nor greater than 40 years from the date the loan was made and may provide for amortization of the loan over a period of not to exceed 40 years with a final payment of the balance due at the end of the loan term.

Legislative history

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