§1786.55. Application procedure.
7 C.F.R. § 1786.55
Any borrower seeking to prepay its RUS Notes under this subpart should apply to the appropriate RUS Area Director by submitting:
A board resolution that—
Requests approval of the prepayment of the borrower's outstanding RUS Notes, and
States the intent of the borrower to comply with all eligibility criteria set forth in § 1786.54 of this subpart.
A list of all RUS Notes together with the outstanding amount on such notes.
Such additional information as the Administrator shall request.
Notes, amendments, and revision history
Authority
Authority: 7 U.S.C. 901-950b; Title I, Subtitle B, Pub. L. 99-509; Pub. L. 103-354, 108 Stat. 3178 (7 U.S.C. 6941 et seq. ).
Source
Source: 51 FR 46999, Dec. 29, 1986, unless otherwise noted. Redesignated at 55 FR 49250, Nov. 27, 1990.
Authority
Authority: 7 U.S.C. 901-950b; Title I, subtitle B, Pub. L. 99-509; Pub. L. 101-624, 104 Stat. 4051; Pub. L. 103-354, 108 Stat. 3178, (7 U.S.C. 6941 et seq. ), unless otherwise noted.
Source
Source: 55 FR 1145, Jan. 11, 1990, unless otherwise noted.