§1901.504. Authorities and responsibilities.
7 C.F.R. § 1901.504
The Administrator will approve all methods of Rural Development financing and major changes in existing methods. The Director, Finance Office, is responsible for servicing of all certificates of beneficial ownership and insured notes issued by the Finance Office, the Federal Reserve Bank of New York for the servicing of insurance contracts, and the Federal Reserve banks for certificates of beneficial ownership for which the Reserve banks are Rural Development's fiscal agents.
Notes, amendments, and revision history
Amendments
[41 FR 51799, Nov. 24, 1976, as amended at 80 FR 9868, Feb. 24, 2015]
Authority
Authority: 7 U.S.C. 1989; 42 U.S.C. 1480; delegation of authority by the Secretary of Agriculture, 7 CFR 2.23; delegation of authority by the Assistant Secretary for Rural Development, 7 CFR 2.70.
Source
Source: 41 FR 51799, Nov. 24, 1976, unless otherwise noted.
Authority
Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 40 U.S.C. 442; 42 U.S.C. 1480, 2942.
Amendments
[41 FR 51799, Nov. 24, 1976, as amended at 80 FR 9868, Feb. 24, 2015]