7 C.F.R. § 765.251

General.

Last amended: 2017Year: 2026Length: 66 wordsSubsections: 1Official source

Cite as 7 C.F.R. § 765.251 (2026)

(a) A borrower is required to be the operator of Agency security in accordance with loan purposes, loan agreements, and security instruments. (b) A borrower who fails to operate the security without Agency consent is in violation of loan agreements and security instruments. (c) The Agency will consider a borrower's request to lease or cease to operate the security as provided in §§ 765.252 and 765.253.
Cross-references to the CFR
765.252
7 C.F.R. § 765.251: General. | Justis AI