---
kind: "section"
citation: "7 C.F.R. § 550.107"
title: "7"
number: "550.107"
heading: "Exceptions."
url: "https://uscodex.org/cfr/7/550.107"
---

# §550.107. Exceptions.


This part does not apply to:

- (a) USDA Federal Financial Assistance agreements subject to 2 CFR parts [400](/cfr/2/part400.md) and [415](/cfr/2/part415.md);
- (b) Procurement contracts or other agreements subject to the Federal Acquisition Regulation (FAR) or the Agriculture Acquisition Regulation (AgAR); or
- (c) **Agreements providing loans or insurance directly to an individual.**

## Notes

### Authority

Authority: Section 1472(b) of the National Agricultural Research, Extension, and Teaching Policy Act of 1977, as amended (7 U.S.C. 3318(b)).

### Source

Source: 81 FR 69999, Oct. 11, 2016, unless otherwise noted.