# Extensions of Payments of Principal and Interest
> **Rural Utilities Service** · Final rule. · Published 2002-01-04 · Effective 2002-02-04 · 67 FR 484
## Document
- **Document number:** 02-234
- **Category:** rural-development
- **Sub-agency:** Rural Utilities Service
- **Federal Register citation:** 67 FR 484
- **CFR reference:** 7 CFR 1721
- **Publication date:** 2002-01-04
- **Effective date:** 2002-02-04
## Abstract

The Rural Utilities Service (RUS) is adding procedures and conditions under which Borrowers may request extensions of the payment of principal and interest. These procedures and conditions are stated in RUS Bulletin 20-5:320-2, Extensions of Payments of Principal and Interest, dated May 10, 1972, and RUS Bulletin 20-23, Section 12 Extensions for Energy Resources Conservation Loans, dated December 8, 1980; however, these procedures and conditions were not codified in the Code of Federal Regulations. This regulation will set forth procedures and conditions under which Borrowers may request extensions of principal and interest. RUS will rescind upon the effective date of this regulation RUS Bulletin 20-5:320-2, and RUS Bulletin 20-23.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2002/01/04/02-234/extensions-of-payments-of-principal-and-interest)
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