§1720.11. Servicing.
7 C.F.R. § 1720.11
The Secretary, or other agent of the Secretary on his or her behalf, shall have the right to service the guaranteed bond, and periodically inspect the facilities, assets, books, and accounts of the guaranteed lender or the collateral agent to ascertain compliance with the provisions of the RE Act and the bond documents.
Notes, amendments, and revision history
Amendments
[87 FR 74501, Dec. 6, 2022]
Authority
Authority: 7 U.S.C. 901 et seq.; 7 U.S.C. 940C.
Source
Source: 69 FR 63049, Oct. 29, 2004, unless otherwise noted.
Amendments
[87 FR 74501, Dec. 6, 2022]