Purpose
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) This subpart addresses:
(1) The allocation of funds for direct and guaranteed FO, CL, and OL loans;
(2) The establishment of socially disadvantaged target participation rates; and
(3) The reservation of loan funds for beginning farmers.
(b) The Agency does not allocate EM loan funds to State Offices but makes funds available following a designated or declared disaster. EM loan funds are available on a first-come first-served basis.
(c) State funding information is available for review in any State Office.
[72 FR 63285, Nov. 8, 2007, as amended at 75 FR 54013, Sept. 3, 2010]
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.