7 C.F.R. § 4290.845

Maximum rate of amortization on Loans and Debt Securities.

Last amended: 2016Year: 2026Length: 49 wordsOfficial source

Cite as 7 C.F.R. § 4290.845 (2026)

The principal of any Loan, or the loan portion of any Debt Security, with a term of one year or less, cannot be amortized faster than straight line. If the term is greater than one year, the principal cannot be amortized faster than straight line for the first year.
7 C.F.R. § 4290.845: Maximum rate of amortization on Loans and Debt Securities. | Justis AI