§763.5. Eligibility. — Inbound Citations
7 C.F.R. § 763.5
Statutory Authority
Cited by 1 regulation in release Current.
Citations to §763.5(b)
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(4) If the guarantee is to remain in effect, any transfer of the property and assumption of the guaranteed debt must be made to an eligible buyer for the Land Contract Guarantee Program as specified in § 763.5(b), and must be approved by the Agency in writing. If an eligible buyer for transfer and assumption cannot be found, the Deputy Administrator for Farm Loan Programs may make an exception to this requirement when in the Government's best financial interests.