StacksVerified U.S. regulatory reference

7 CFR §771.11

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov
A complete application will consist of the following:
  1. (a)An application for Federal assistance (available in any FSA office);
  2. (b)Applicant's financial projections including a cash flow statement showing the plan for loan repayment;
  3. (c)Copies of the applicant's authorizing State legislation and organizational documents;
  4. (d)List of all directors and officers of the applicant;
  5. (e)Copy of the most recent audited financial statements along with updates through the most recent quarter;
  6. (f)Copy of the referendum used to establish the assessments and a certification from the Board of Directors that the referendum passed;
  7. (g)Evidence that the officers and employees authorized to disburse funds are covered by an acceptable fidelity bond;
  8. (h)Evidence of acceptable liability insurance policies;
  9. (i)Statement from the applicant addressing any current or pending litigation against the applicant as well as any existing judgments;
  10. (j)A copy of a resolution passed by the Board of Directors authorizing the officers to incur debt on behalf of the borrower;
  11. (k)Any other information deemed to be necessary by FSA to render a decision.