§1717.610. RUS approval of compensation of the board of directors.
7 C.F.R. § 1717.610
If a borrower's mortgage or loan contract requires the borrower to obtain approval from RUS for compensation provided to members of the borrower's board of directors, such requirement is hereby waived.
Notes, amendments, and revision history
Source
Source: 60 FR 67405, Dec. 29, 1995, unless otherwise noted.
Authority
Authority: 7 U.S.C. 901 et seq., 1921 et seq., 6941 et seq.
Source
Source: 55 FR 38646, Sept. 19, 1990, unless otherwise noted.