7 CFR §774.8
Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
- (a)The maximum loan amount any individual or business entity may receive will be 65% of the value of the timely filed proof of claim against AgriBiotech in the bankruptcy proceeding as determined by the Agency.
- (b)Loan funds may not be used to pay expenses incurred for lobbying or related activities.
- (c)Loans may not be made for any purpose which contributes to excessive erosion of highly erodible land or to the conversion of wetlands to produce an agricultural commodity.