---
kind: "section"
citation: "7 C.F.R. § 764.155"
title: "7"
number: "764.155"
heading: "Security requirements."
url: "https://uscodex.org/cfr/7/764.155"
---

# §764.155. Security requirements.


An FO loan must be secured:

- (a) In accordance with [§§ 764.103 through 764.106](/cfr/7/764.103..764.106.md);
- (b) **At a minimum, by the real estate being purchased or improved.**
  - (1) An ML made for FO purposes, may be secured only by the real estate being purchased or improved, as long as its value is at least 100 percent of the loan amount.
  - (2) [Reserved]

## Notes

### Amendments

[72 FR 63298, Nov. 8, 2007, as amended at 81 FR 3293, Jan. 21, 2016]

### Authority

Authority: 5 U.S.C. 301 and 7 U.S.C. 1989.

### Source

Source: 72 FR 63298, Nov. 8, 2007, unless otherwise noted.

### Amendments

[72 FR 63298, Nov. 8, 2007, as amended at 81 FR 3293, Jan. 21, 2016]