Regulations last checked for updates: Feb 10, 2026

Title 7 - Agriculture last revised: Jul 29, 2026
§ 1744.63 - The telephone loan budget.

When the loan is made, RUS provides the borrower a Telephone Loan Budget, RUS Form 493. This budget divides the loan into budget accounts such as “Engineering.” When a contract or other document is approved by RUS, funds are encumbered from the appropriate budget account. See 7 CFR part 1753.

authority: 7 U.S.C. 901
source: 55 FR 39396, Sept. 27, 1990, unless otherwise noted.
cite as: 7 CFR 1744.63