{"data":{"id":"us/50-cfr-253.23","jurisdiction":"us","citation":"50 CFR 253.23","heading":"Default and liquidation.","body":"Upon default under the terms of any note, guarantee, security agreement, mortgage, or other security document the Program shall take remedial actions including, but not limited to, where appropriate, retaking or arrest of collateral, foreclosure, restructuring, debarment, referral for debt collection, or liquidation as it deems best able to protect the U.S. Government's interest.","path":["Title 50—Wildlife and Fisheries","CHAPTER II—NATIONAL MARINE FISHERIES SERVICE, NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE","SUBCHAPTER F—AID TO FISHERIES","PART 253—FISHERIES ASSISTANCE PROGRAMS","Subpart B—Fisheries Finance Program"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-50.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:26:39Z","sha256":"f7cb947c0b3f314ed20317e0b0337e345c20f849ec5933445c2f572ab649624b","source_id":"us-cfr","stale":true,"prev":"us/50-cfr-253.22","next":"us/50-cfr-253.24"},"notice":"GroundRules: Original legal text. Not legal advice."}