Introduction
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) Purpose. This part describes the Agency's policies for:
(1) Managing inventory property;
(2) Selling inventory property;
(3) Leasing inventory property;
(4) Managing real and personal property the Agency takes into custody after abandonment by the borrower;
(5) Selling or leasing inventory property with important resources, or located in special hazard areas; and
(6) Conveying interest in real property for conservation purposes.
(b) Basic policy. The Agency maintains, manages and sells inventory property as necessary to protect the Agency's financial interest.
[72 FR 63358, Nov. 8, 2007, as amended at 91 FR 56775, Sept. 4, 2026]
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.