Regulations last checked for updates: Oct 19, 2024

Title 7 - Agriculture last revised: Oct 11, 2024
§ 1744.206 - Effect of subsequent failure to maintain ratios.

If an expenditure constitutes a qualified investment under the terms of this subpart, it does not cease to be a qualified investment merely because subsequently the borrower fails to maintain the maximum investment ratio or the minimum total assets ratio.

authority: 7 U.S.C. 901
source: 55 FR 39396, Sept. 27, 1990, unless otherwise noted.
cite as: 7 CFR 1744.206