---
kind: "section"
citation: "7 C.F.R. § 1980.413"
title: "7"
number: "1980.413"
heading: "Transactions which will not be guaranteed."
url: "https://uscodex.org/cfr/7/1980.413"
---

# §1980.413. Transactions which will not be guaranteed.

- (a) The following transactions will not be guaranteed by the Agency:
  - (1) **The guarantee of lease payments.**
  - (2) **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.
  - (3) 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.
- (b) Guaranteeing of loans involved in tax-exempt obligations under [§ 1980.23](/cfr/7/1980.23.md) of [subpart A](/cfr/7/subpartA.md) of this part.

## Notes

### 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]