GroundRules
7 CFR 1434.11: Fees and interest.
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 1434—NONRECOURSE MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS FOR HONEY
(a) A producer must pay a nonrefundable MAL service fee. The MAL service fee will be the smaller of one-half of 1 percent (.005) times the gross MAL amount or $45 per MAL plus $3 for each storage structure over one.
(b) Interest that accrues with respect to a loan will be determined in accordance with part 1405 of this chapter.
Collected 2026-08-27T02:24:01Z. Source file · JSON