7 CFR 4279.77
§ 4279.77 Minimum retention.
United States · 7 CFR — Agriculture · Status: effective
Cite this
- Citation
- 7 CFR 4279.77, § 4279.77 Minimum retention, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/30947
- Permanent ID
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Full text
The lender is required to hold in its own portfolio a minimum of 5 percent of the original total loan amount. The amount required to be maintained must be of the unguaranteed portion of the loan and cannot be participated to another. The lender may enter into no agreement that reduces its exposure below the minimum 5 percent it is required to retain in its portfolio. The lender may sell the remaining amount of the unguaranteed portion of the loan only through participation.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.