issuance of certificates of beneficial ownership; contracts of guarantee assignable; regulations

issuance of certificates of beneficial ownership; contracts of guarantee assignable; regulations Sec. 209. (a) The provisions of section 310B(6) of the Consolidated Farm and Rural Development Act shall apply to loans insured or guaranteed under this title. The Secretary is authorized to handle loans guaranteed under this title in the same manner as loans guaranteed under the Consolidated Farm and Rural Development Act. (b) Contracts of guarantee executed pursuant to the provisions of this title shall be fully assignable. (c) The Secretary is authorized to issue such regulations as the Secretary determines necessary to carry out this title. Final regulations shall be issued as soon as possible, but in no event later than thirty days after the date of enactment of this title. Insofar as practicable, the Secretary shall complete action on each loan application within thirty days after its receipt.