§ 3575.37 - Insurance and fidelity bonds.

Latest version.

§ 3575.37 Insurance and fidelity bonds.

The lender must provide evidence that the borrower has adequate insurance and fidelity bond coverage by loan closing or start of construction, whichever occurs first. Adequate coverage must be maintained for the life of the loan and is subject to Agency review and approval. Insurance is required in amounts at least equal to coverage for real property and equipment that was obtained without an Agency guarantee.

[79 FR 76013, Dec. 19, 2014]

                    
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§ 3575.37 - Insurance and fidelity bonds.

§ 3575.37 Insurance and fidelity bonds.