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 1744 - POST-LOAN POLICIES AND PROCEDURES COMMON TO GUARANTEED AND INSURED TELEPHONE LOANS
  6. Subpart E - Borrower Investments
  7. 7 CFR § 1744.206
7 CFR § 1744.206
Effect of subsequent failure to maintain ratios
July 6, 2020
CFR

If an expenditure constitutes a qualified investment under the terms of this subpart, it does not cease to be a qualified investment merely because subsequently the borrower fails to maintain the maximum investment ratio or the minimum total assets ratio.

Previous
§ 1744.205 Determinations and application of limitations described in §1744.202
Next
§ 1744.207 Investment not to jeopardize loan security

Tried the LawStack mobile app?

Join thousands and try LawStack mobile for FREE today.

  • Carry the law offline, wherever you go.
  • Download CFR, USC, rules, and state law to your mobile device.

Designed and built by Tekk Innovations LLC, the makers of the LawStack iPhone app or Android app.

© 2020 Tekk Innovations LLC