---
kind: "section"
citation: "7 C.F.R. § 1710.154"
title: "7"
number: "1710.154"
heading: "Board of Director Resolutions."
url: "https://uscodex.org/cfr/7/1710.154"
---

# §1710.154. Board of Director Resolutions.


Specific actions that require a Board of Director Resolution from a borrower:

- (a) Board approval of loan documents;
- (b) Major change in the terms of a loan, i.e. maturity;
- (c) Initial access to RD Apply (or successor RUS online application systems);
- (d) 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)](/cfr/7/1767.13.md?p=d); and
- (e) eAuthentication requirements.

## Notes

### 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]