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§1776.11. Revolving loan fund.

7 C.F.R. § 1776.11

The grant recipient shall establish and maintain a revolving loan fund for the purposes set forth in § 1776.12. All loans made to loan recipients shall be drawn from the revolving loan fund. The loans shall be serviced, and the revolving loan fund shall be maintained, as set forth in § 1776.17.
Notes, amendments, and revision history

Authority

Authority: 7 U.S.C. 1926e.

Source

Source: 70 FR 28788, May 19, 2005, unless otherwise noted.