§1710.107. Amount lent for acquisitions.
7 C.F.R. § 1710.107
The maximum amount that will be lent for an acquisition is limited to the value of the property, as determined by RUS. If the acquisition price exceeds this amount, the borrower shall provide the remainder without RUS financial assistance.
Notes, amendments, and revision history
Authority
Authority: 7 U.S.C. 901 et seq., 1921 et seq., and 6941 et seq.
Source
Source: 57 FR 1053, Jan. 9, 1992, unless otherwise noted.