§3565.209. Loan amortization.
7 C.F.R. § 3565.209
Each guaranteed loan shall be made for a period of not less than 25 nor greater than 40 years from the date the loan was made and may provide for amortization of the loan over a period of not to exceed 40 years with a final payment of the balance due at the end of the loan term.
Notes, amendments, and revision history
Amendments
[67 FR 16970, Apr. 9, 2002]
Authority
Authority: 5 U.S.C. 301; 7 U.S.C. 1989; 42 U.S.C. 1480.
Source
Source: 63 FR 39458, July 22, 1998, unless otherwise noted.
Amendments
[67 FR 16970, Apr. 9, 2002]