1. LawStack
  2. Title 7 - Agriculture
  3. Subtitle B - REGULATIONS OF THE DEPARTMENT OF AGRICULTURE
  4. Chapter XVII - RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
  5. Part 1717 - POST-LOAN POLICIES AND PROCEDURES COMMON TO INSURED AND GUARANTEED ELECTRIC LOANS
  6. Subpart M - Operational Controls
  7. 7 CFR § 1717.610
7 CFR § 1717.610
RUS approval of compensation of the board of directors
July 6, 2020
CFR

If a borrower's mortgage or loan contract requires the borrower to obtain approval from RUS for compensation provided to members of the borrower's board of directors, such requirement is hereby waived.

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§ 1717.609 RUS approval of general manager
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§ 1717.608 RUS approval of contracts

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