Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XVII - Rural Utilities Service, Department of Agriculture |
Part 1710 - General and Pre-Loan Policies and Procedures Common to Electric Loans and Guarantees |
Subpart C - Loan Purposes and Basic Policies |
§ 1710.107 - Amount lent for acquisitions.
Latest version.
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§ 1710.107 Amount lent for acquisitions.
The maximum amount that will be lent for an acquisition is limited to the value of the property, as determined by RUS. If the acquisition price exceeds this amount, the borrower shall provide the remainder without RUS financial assistance.