Code of Federal Regulations (Last Updated: May 6, 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 D - Basic Requirements for Loan Approval |
§ 1710.150 - General.
Latest version.
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§ 1710.150 General.
The RE Act and prudent lending practice require that the Administrator make certain findings before approving an electric loan or loan guarantee. The borrower shall provide the evidence determined by the Administrator to be necessary to make these findings.