§1980.413. Transactions which will not be guaranteed.
7 C.F.R. § 1980.413
The following transactions will not be guaranteed by the Agency:
The guarantee of lease payments.
The guarantee of loans made by other Federal agencies. This does not preclude the guaranteeing of loans made by the Bank for Cooperatives, Federal Land Bank, or Production Credit Association.
The guarantee or making of any B&I loans(s), to any one borrower, when the total amount of the B&I loans(s) requested plus the outstanding balance of any existing B&I loan(s) is in excess of $10 million.
Notes, amendments, and revision history
Amendments
[52 FR 6501, Mar. 4, 1987, as amended at 53 FR 40401, Oct. 17, 1988]
Source
Source: 52 FR 6501, Mar. 4, 1987, unless otherwise noted.
Authority
Authority: 5 U.S.C. 301; 7 U.S.C. 1989. Subpart E also issued under 7 U.S.C. 1932(a).
Amendments
[52 FR 6501, Mar. 4, 1987, as amended at 53 FR 40401, Oct. 17, 1988]