MAL or LDP servicing
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
(a) The DMA is responsible for servicing MALs and are required to take the following actions:
(1) Send the producer a maturity notice letter before MAL maturity.
(2) Maintain the MAL or LDP documents according to FSA requirements.
(3) Transmit the necessary funds to repay the MAL to FSA.
(b) FSA will process the CCC release of paper receipts or EWRs where such a release is appropriate.
[70 FR 33799, June 10, 2005. Redesignated at 74 FR 15656, Apr. 7, 2009;80 FR 129, 130, Jan. 2, 2015]
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.