§ 1710.154 - xxx  


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    § 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

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