7 CFR 1710.505 - Supplemental financing documents.

Regulations last checked for updates: Oct 20, 2024

Title 7 - Agriculture last revised: Oct 11, 2024

View all text of Subpart I [§ 1710.500 - § 1710.507]

§ 1710.505 - Supplemental financing documents.

(a) The borrower is responsible for ensuring that the loan documents required for supplemental financing pursuant to § 1710.110 are executed in a timely fashion. These documents are subject to RUS approval.

(b) Security. Any security offered by the borrower to a supplemental lender is subject to RUS approval.

[60 FR 3731, Jan. 19, 1995. Redesignated at 78 FR 73366, Dec. 5, 2013]

authority: 7 U.S.C. 901

source: 57 FR 1053, Jan. 9, 1992, unless otherwise noted.

cite as: 7 CFR 1710.505