7 C.F.R. § 1770.27
Definitions.
Cite as 7 C.F.R. § 1770.27 (2026)
As used in this part:
Borrower
is an RUS telecommunications borrower.
Cushion of Credit Account
is a 5 percent interest bearing account established by RUS in which all voluntary payments or overpayments on Rural Electric and Telephone Revolving Funds after October 1, 1987, are deposited.
FCC
is the Federal Communications Commission.
Part 32
is 47 CFR part 32, Uniform System of Accounts, issued by the Federal Communications Commission.
RAO
is the Responsible Accounting Officer of the Federal Communications Commission.
RE Act
is the Rural Electrification Act of 1936, as amended (7 U.S.C. 901
et seq.
).
RETRF
is the Rural Electric and Telephone Revolving Fund.
RTB
is the Rural Telephone Bank.
RUS
is the Rural Utilities Service, an agency of the United States Department of Agriculture, or its predecessor or successor.
- Cross-references to the US Code
- 7:901