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 D - Basic Requirements for Loan Approval |
§ 1710.154 - xxx
Latest version.
- Link to an amendment published at
§ 1710.154 xxx
Cross Reference
Board of Director Resolutions.
Specific actions that require a Board of Director Resolution from a borrower:
(a) Board approval of loan documents;
(b) Major change in the terms of a loan, i.e. maturity;
(c) Initial access to RD Apply (or successor RUS online application systems);
(d) Requests for approval by a Board, acting as the regulatory authority, for any departure from the RUS Uniform System of Accounts with the exception of those deferrals specifically identified in § 1767.13(d); and
(e) eAuthentication requirements.
[84 FR 32610, July 9, 2019
.]