The rate of interest specified in the note or loan document which will prevail as the maximum rate chargeable to the borrower during the period of the loan.
authority: Secs. 1.4, 1.5, 1.7, 2.1, 2.2, 2.4, 2.11, 2.12, 3.1, 3.2, 4.9, 5.9, 5.17, 5.19, 5.61C, 7.0, 7.1, 7.6, 7.8 and 7.12 of the Farm Credit Act (
12 U.S.C. 2012,
2013,
2015,
2072,
2073,
2075,
2092,
2093,
2122,
2123,
2160,
2243,
2252,
2254,
2279a,
2279a-1,
2279b,
2279c,
2279f; sec 514 of Pub. L. 102-552. 106 Stat. 4102
source: 37 FR 11446, June 7, 1972, unless otherwise noted.
cite as: 12 CFR 619.9170