---
kind: "section"
citation: "7 C.F.R. § 4290.1720"
title: "7"
number: "4290.1720"
heading: "Characteristics of Agency's guarantee."
url: "https://uscodex.org/cfr/7/4290.1720"
---

# §4290.1720. Characteristics of Agency's guarantee.


If the Agency agrees to guarantee a RBIC's Debentures, such guarantee will be unconditional, irrespective of the validity, regularity or enforceability of the Debentures or any other circumstances that might constitute a legal or equitable discharge or defense of a guarantor. Pursuant to its guarantee, the Agency will make timely payments of principal and interest on the Debentures.


## Notes

### Authority

Authority: 7 U.S.C. 1989 and 2009cc et seq.

### Source

Source: 69 FR 32204, June 8, 2004, unless otherwise noted.