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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 7 - Agriculture |
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Subtitle B - Regulations of the Department of Agriculture |
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Chapter XIV - Commodity Credit Corporation, Department of Agriculture |
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SubChapter B - Loans, Purchases, and Other Operations |
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Part 1434 - Nonrecourse Marketing Assistance Loans and Loan Deficiency Payments for Honey |
§ 1434.14 - Loss or damage.
Latest version.
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§ 1434.14 Loss or damage.
The producer is responsible for any loss in quantity or quality of the honey pledged as collateral for a loan. CCC will not assume any loss in quantity or quality of the loan collateral.
[66 FR 15177, Mar. 15, 2001, as amended at 80 FR 141, Jan. 2, 2015]