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Code of Federal Regulations (Last Updated: May 6, 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 XVII - Rural Utilities Service, Department of Agriculture |
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Part 1735 - General Policies, Types of Loans, Loan Requirements - Telecommunications Program |
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Subpart B - Loan Purposes and Basic Policies |
§ 1735.19 - Mergers and consolidations.
Latest version.
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§ 1735.19 Mergers and consolidations.
RUS does not make loans for the sole purpose of merging or consolidating telephone organizations. After a merger or consolidation, RUS will consider making loans to the telephone system to finance the improvement or extension of telephone service in rural areas. See RUS Bulletins 320-4, 321-2, 325-1, and 326-1.