7 CFR 3565.110 - Insolvency of lender.

Regulations last checked for updates: May 01, 2025

Title 7 - Agriculture last revised: Apr 24, 2025

View all text of Subpart C [§ 3565.101 - § 3565.150]

§ 3565.110 - Insolvency of lender.

The Agency may require a lender to transfer a guaranteed loan or loans to another approved lender prior to a determination of insolvency by the lender. If the lender fails to transfer a loan when required, the guarantee will be considered null and void.

authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 U.S.C. 1480.

source: 63 FR 39458, July 22, 1998, unless otherwise noted.

cite as: 7 CFR 3565.110