GroundRules
7 CFR 4279.222: Payments.
Where this section sits in the code
- Title 7—Agriculture
- Subtitle B—Regulations of the Department of Agriculture
- CHAPTER XLII—RURAL BUSINESS-COOPERATIVE SERVICE, DEPARTMENT OF AGRICULTURE
- PART 4279—GUARANTEED LOANMAKING
- Subpart C—Biorefinery, Renewable Chemical, and Biobased Product Manufacturing Assistance Loans
A Lender will receive all payments of principal and Interest on account of the entire loan and must promptly remit to the Holder its Pro Rata share of any payment within 30 days of the Lender's receipt thereof from the Borrower, determined according to its respective interest in the loan, less only the Lender's servicing fee.
Collected 2026-08-27T02:24:01Z. Source file · JSON