§4290.845. Maximum rate of amortization on Loans and Debt Securities.
7 C.F.R. § 4290.845
The principal of any Loan, or the loan portion of any Debt Security, with a term of one year or less, cannot be amortized faster than straight line. If the term is greater than one year, the principal cannot be amortized faster than straight line for the first year.
Notes, amendments, and revision history
Authority
Authority: 7 U.S.C. 1989 and 2009cc et seq.
Source
Source: 69 FR 32204, June 8, 2004, unless otherwise noted.