other · Rural Utilities Service · Rule · Published 1998-08-27 · Effective 1998-08-27 · 63 FR 45677
Document
Document number
98-22931
Federal Register citation
63 FR 45677
CFR reference
7 CFR 1735
Type
Rule
Action
Interim rule.
Category
other
Sub-agency
Rural Utilities Service
Publication date
1998-08-27
Effective date
1998-08-27
Abstract
This interim rule adds a new regulation to clarify that RUS will consider telecommunications systems feasible when writing and processing loans only if the system, in addition to being feasible in all other respects, is year 2000 compliant. The interim rule is being published to further ensure that RUS-financed projects pass the year 2000 date changeover without service or revenue disruption. By clarifying feasibility considerations for loan processing, RUS lays the foundation for requests to be made in response to applications submitted to satisfy year 2000 compliance demands.