StacksVerified U.S. regulatory reference

7 CFR §1710.154

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
Specific actions that require a Board of Director Resolution from a borrower:
  1. (a)Board approval of loan documents;
  2. (b)Major change in the terms of a loan, i.e. maturity;
  3. (c)Initial access to RD Apply (or successor RUS online application systems);
  4. (d)Requests for approval by a Board, acting as the regulatory authority, for any departure from the RUS Uniform System of Accounts with the exception of those deferrals specifically identified in § 1767.13(d); and
  5. (e)eAuthentication requirements.