GroundRules
7 CFR 1744.203: Establishing amount of rural development investment.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER XVII—RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
- PART 1744—POST-LOAN POLICIES AND PROCEDURES COMMON TO GUARANTEED AND INSURED TELEPHONE LOANS
- Subpart E—Borrower Investments
For purposes of determining whether a rural development investment is within the limits of the borrower's maximum investment ratio or the minimum total assets ratio, the amount of the qualified investment shall be the total amount of funds committed to the rural development project as of the date of determination. The total amount of funds committed to the rural development project includes:
(a) The principal amount of loans and advances made by the borrower;
(b) Guarantees made by the borrower; and
(c) A reasonable estimate of the amount the borrower is committed to provide to the rural development project in future years.
Collected 2026-08-27T02:24:01Z. Source file · JSON