45 CFR 1336.74 - Time limits and interest on loans.

Regulations last checked for updates: Nov 22, 2024

Title 45 - Public Welfare last revised: Nov 19, 2024

View all text of Subpart F [§ 1336.60 - § 1336.77]

§ 1336.74 - Time limits and interest on loans.

(a) Loans made under the RLF will be for a term that does not exceed 5 years.

(b) Loans will be made to approved borrowers at a rate of interest that is 2 percentage points below the average market yield on the most recent public offering of United States Treasury bills occurring before the date on which the loan is made. (section 803A(b)(2)(A) and (B))

authority: 42 U.S.C. 2991

source: 48 FR 55821, Dec. 15, 1983, unless otherwise noted.

cite as: 45 CFR 1336.74