7 C.F.R. § 765.203

Protective advances.

Last amended: 2017Year: 2026Length: 79 wordsOfficial source

Cite as 7 C.F.R. § 765.203 (2026)

When necessary to protect the Agency's security interest, costs incurred for the following actions will be charged to the borrower's account: (a) Maintain abandoned security property; (b) Preserve inadequately maintained security; (c) Pay real estate taxes and assessments; (d) Pay property, hazard, or flood insurance; (e) Pay harvesting costs; (f) Maintain Agency security instruments; (g) Pay ground rents; (h) Pay expenses for emergency measures to protect the Agency's collateral; and (i) Protect the Agency from actions by third parties.
7 C.F.R. § 765.203: Protective advances. | Justis AI