§ 1752.31 - Authorized signatories.

Related Notices
- 2020-01891. Final rule; request for comments. 2020-01891. Special Servicing of Telecommunications Programs Loans for Financially Distressed Borrowers

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§ 1752.31 Authorized signatories.

Only the RUS Administrator can bind the Government to the expenditure of funds. Notwithstanding anything contained in this part, however, any settlement resulting in the reduction of $500,000 or more in payment to the Government, inclusive of attorney's fees, shall be approved by the Under Secretary for Rural Development, or higher.

                    
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§ 1752.31 - Authorized signatories.

§ 1752.31 Authorized signatories.