§761.105. Analysis.
7 C.F.R. § 761.105
The Agency conducts an analysis at its discretion or if the borrower—
Is being considered for a new direct loan or subordination;
Is financially distressed or delinquent;
Has a loan deferred, excluding deferral of an installment under subpart B of part 766; or
Is receiving a limited resource interest rate on any loan, in which case the review will be completed at least every 2 years.
The analysis must include a review of the previous production cycle's actual income, expense, and production performance, as well as a farm operating plan for the new operating cycle.
Notes, amendments, and revision history
Amendments
[72 FR 63285, Nov. 8, 2007, as amended at 75 FR 54013, Sept. 3, 2010; 86 FR 43391, Aug. 9, 2021; 89 FR 65038, Aug. 8, 2024]
Authority
Authority: 5 U.S.C. 301 and 7 U.S.C. 1989.
Source
Source: 72 FR 63285, Nov. 8, 2007, unless otherwise noted.
Amendments
[72 FR 63285, Nov. 8, 2007, as amended at 75 FR 54013, Sept. 3, 2010; 86 FR 43391, Aug. 9, 2021; 89 FR 65038, Aug. 8, 2024]