1. LawStack
  2. Title 7 - Agriculture
  3. Subtitle B - REGULATIONS OF THE DEPARTMENT OF AGRICULTURE
  4. Chapter XIV - COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
  5. Subchapter B - LOANS, PURCHASES, AND OTHER OPERATIONS
  6. Part 1412 - AGRICULTURE RISK COVERAGE, PRICE LOSS COVERAGE, AND COTTON TRANSITION ASSISTANCE PROGRAMS
  7. Subpart F - Violations and Compliance Provisions
  8. 7 CFR § 1412.61
7 CFR § 1412.61
Contract violations
July 6, 2020
CFR

Violations of contract or application requirements will result in the termination or cancellation of the ARC or PLC contract. Upon such termination or cancellation, all producers that signed the contract or application forfeit all rights to receive payments for the ARC or PLC contract and are required to refund all payments received, plus interest as specified in §1412.1(d) of this part, as determined in accordance with part 1403 of this chapter.

[79 FR 46339, Aug. 8, 2014, as amended at 83 FR 40659, Aug. 16, 2018]

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§ 1412.63 Contract or application liability

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