45 CFR §1336.65
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Prior to the approval of any direct loan under the RLF, the Loan Administrator must develop and obtain the Commissioner's approval for the RLF's organization table, including:
- (a)The structure and composition of the Board of Directors of the RLF;
- (b)The staffing requirements for the RLF, with position descriptions and necessary personnel qualifications;
- (c)The appointments to the advisory loan review committee; and
- (d)The roles and responsibilities of the Board, staff and loan review committee.