Application procedure
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
Any borrower seeking to prepay its RUS Notes under this subpart should apply to the appropriate RUS Area Director by submitting:
(a) A board resolution that:
(1) Requests approval of the prepayment of the borrower's outstanding RUS Notes, and
(2) States the intent of the borrower to comply with all eligibility criteria set forth in § 1786.54 of this subpart.
(b) A list of all RUS Notes together with the outstanding amount on such notes.
(c) Such additional information as the Administrator shall request.
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.