Regulations last checked for updates: Oct 31, 2024

Title 7 - Agriculture last revised: Oct 25, 2024
§ 4279.283 - Refusal to execute Loan Note Guarantee.

If the Agency determines that it cannot execute the Loan Note Guarantee, the Agency will inform the Lender, in writing, of the reasons and give the Lender a reasonable period within which to satisfy the objections. If the Lender satisfies the objections within the time allowed, the Agency will issue the Loan Note Guarantee. If the Lender requests additional time in writing and within the period allowed, the Agency may grant the request.

authority: 5 U.S.C. 301; 7 U.S.C. 1989: 7 U.S.C. 1932(a); and Public Law 116-136, Division B, Title I
source: 61 FR 67633, Dec. 23, 1996, unless otherwise noted.
cite as: 7 CFR 4279.283