GroundRules
7 CFR 1955.12: Acquisition of property which served as security for a loan guarantee by Rural Development or at sale by another lienholder, bankruptcy trustee, or taxing authority.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER XVIII—RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
- SUBCHAPTER H—PROGRAM REGULATIONS
- PART 1955—PROPERTY MANAGEMENT
- Subpart A—Liquidation of Loans Secured by Real Estate and Acquisition of Real and Chattel Property
When the servicing regulations for the type of loan(s) involved permit Rural Development to acquire property by one of these methods, the acquisition will be reported in accordance with § 1955.18(a) of this subpart.
Collected 2026-08-27T02:24:01Z. Source file · JSON