§1710.154. Board of Director Resolutions.
7 C.F.R. § 1710.154
Specific actions that require a Board of Director Resolution from a borrower:
Board approval of loan documents;
Major change in the terms of a loan, i.e. maturity;
Initial access to RD Apply (or successor RUS online application systems);
Requests for approval by a Board, acting as the regulatory authority, for any departure from the RUS Uniform System of Accounts with the exception of those deferrals specifically identified in § 1767.13(d); and
eAuthentication requirements.
Notes, amendments, and revision history
Amendments
[84 FR 32610, July 9, 2019]
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.
Amendments
[84 FR 32610, July 9, 2019]