7 CFR §761.402

1. (a)Abbreviations and definitions for terms used in this subpart are provided in 7 CFR part 3 and § 761.2.
2. (b)Definitions used only in this subpart include:
   1. (1)Third party converter means an individual or entity who:
      1. (i)Is in possession of agency security property, or money from the sale of security, in relation to a loan or other debt that the individual or entity was not liable for; or
      2. (ii)Assists, or participates knowingly or unknowingly, in the transportation or sale of agency security, in relation to a loan or other debt that the individual or entity was not liable for; or
      3. (iii)Assists, or participates knowingly or unknowingly, in temporarily or permanently relocating or concealing the location of agency security property, or money from the sale of agency security, in relation to a loan or other debt that the individual or entity was not liable for.
   2. (2)[Reserved]