---
kind: "section"
citation: "7 C.F.R. § 774.8"
title: "7"
number: "774.8"
heading: "Limitations."
url: "https://uscodex.org/cfr/7/774.8"
---

# §774.8. Limitations.

- (a) The maximum loan amount any individual or business entity may receive will be 65% of the value of the timely filed proof of claim against AgriBiotech in the bankruptcy proceeding as determined by the Agency.
- (b) Loan funds may not be used to pay expenses incurred for lobbying or related activities.
- (c) Loans may not be made for any purpose which contributes to excessive erosion of highly erodible land or to the conversion of wetlands to produce an agricultural commodity.

## Notes

### Authority

Authority: Pub. L. 106-224

### Source

Source: 65 FR 76119, Dec. 6, 2000, unless otherwise noted.