Loan Limitations and Cash Flow Requirements for Farm Service Agency Guaranteed Loans
farm-program · Farm Service Agency · Rule · Published 2001-01-24 · Effective 2001-02-23 · 66 FR 7565
Document
Document number
01-1751
Federal Register citation
66 FR 7565
CFR reference
7 CFR 761
Type
Rule
Action
Final rule.
Category
farm-program
Sub-agency
Farm Service Agency
Publication date
2001-01-24
Effective date
2001-02-23
Abstract
This rule amends the Farm Service Agency (FSA) guaranteed loan regulations to remove the requirement that the Agency consider the costs of replacing capital items when considering whether a guaranteed loan customer has adequate capacity for debt service. Also, this rule provides for the adjustment of maximum guaranteed loan limits annually based on an index of prices paid by farmers and moves all loan limitation provisions to part 761. Finally, this rule updates and clarifies provisions in the guaranteed loan regulation.