---
kind: "section"
citation: "7 C.F.R. § 1710.111"
title: "7"
number: "1710.111"
heading: "Refinancing."
url: "https://uscodex.org/cfr/7/1710.111"
---

# §1710.111. Refinancing.

- (a) RUS makes loans or loan guarantees to refinance the outstanding indebtedness of borrowers in the following cases:
  - (1) Loans or loan guarantees to refinance long-term debt owed by borrowers to the Tennessee Valley Authority for credit extended under the terms of the Tennessee Valley Authority Act of 1933, as amended.
  - (2) Loan guarantees made in accordance with the provisions of section 306A of the RE Act to prepay a loan (or any loan advance thereunder) made by the Federal Financing Bank.
- (b) In certain circumstances, RUS may make a loan to replace interim financing obtained for the construction of facilities (See [§ 1710.109](/cfr/7/1710.109.md)).

## Notes

### 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.