GroundRules
7 CFR 1412.61: Contract violations.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER XIV—COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
- SUBCHAPTER B—LOANS, PURCHASES, AND OTHER OPERATIONS
- PART 1412—AGRICULTURE RISK COVERAGE AND PRICE LOSS COVERAGE
- Subpart F—Violations and Compliance Provisions
Violations of contract or application requirements will result in the termination or cancellation of the ARC or PLC contract. Upon such termination or cancellation, all producers that signed the contract or application forfeit all rights to receive payments for the ARC or PLC contract and are required to refund all payments received, plus interest as specified in § 1412.1(d) of this part, as determined in accordance with part 3 of this title.
Collected 2026-08-27T02:24:01Z. Source file · JSON