§1980.488. Guaranteed industrial development bond issues. — Inbound Citations
7 C.F.R. § 1980.488
Statutory Authority
Cited by 2 regulations in release Current.
Citations to 7 U.S.C. § 1980.488 as a whole
-
-
Applications from private parties for whom Rural Development and such borrowers agree that a guarantee lender is not available and from public bodies shall be processed as insured loans in accordance with the applicable provisions of this subpart and subpart A of part 1942 of this chapter, including the credit elsewhere requirement, except as provided in § 1980.488 of this subpart which provides for the guarantee of taxable bond issues of public bodies. Loans to public bodies will be used only to finance: