§764.451. Purpose.

7 C.F.R. § 764.451

The purpose of borrower training is to help an applicant develop and improve skills necessary to:

(a)

Successfully operate a farm;

(b)

Build equity in the operation; and

(c)

Become financially successful and prepared to graduate from Agency financing to commercial sources of credit.

Notes, amendments, and revision history

[72 FR 63298, Nov. 8, 2007, as amended at 89 FR 65041, Aug. 8, 2024]

Source: 72 FR 63298, Nov. 8, 2007, unless otherwise noted. Redesignated at 75 FR 54015, Sept. 3, 2010.

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

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

[72 FR 63298, Nov. 8, 2007, as amended at 89 FR 65041, Aug. 8, 2024]