7 CFR 1744.62 - Introduction.

Regulations last checked for updates: May 01, 2025

Title 7 - Agriculture last revised: Apr 24, 2025

View all text of Subpart C [§ 1744.60 - § 1744.69]

§ 1744.62 - Introduction.

RUS is under no obligation to make or approve advances of loan funds unless the borrower is in compliance with all terms and conditions of the loan documents. The borrower shall use funds in its construction fund only to make disbursements approved by RUS.

authority: 7 U.S.C. 901

source: 55 FR 39396, Sept. 27, 1990, unless otherwise noted.

cite as: 7 CFR 1744.62