{"data":{"id":"us/7-cfr-1450.4","jurisdiction":"us","citation":"7 CFR 1450.4","heading":"Violations.","body":"(a)(1) If a participant fails to carry out the terms and conditions of a BCAP contract, CCC may terminate the BCAP contract.\n(2) If the BCAP contract is terminated by CCC in accordance with this paragraph:\n(i) The participant will forfeit all rights to further payments under the contract and must refund all payments previously received, plus interest; and\n(ii) The participant must pay liquidated damages to CCC in an amount as specified in the contract.\n(b) CCC may reduce a demand for a refund under this section to the extent CCC determines that such relief would be appropriate and would not deter the accomplishment of the purposes of BCAP.","path":["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 1450—BIOMASS CROP ASSISTANCE PROGRAM (BCAP)","Subpart A—Common Provisions"],"source_url":"https://www.ecfr.gov/api/versioner/v1/full/2026-08-25/title-7.xml","current_through":"2026-08-25","vintage":"","retrieved_at":"2026-08-27T02:24:01Z","sha256":"6a87614c8c91dd4ed638ab9a9c668770748ce9c0d31c41bfd540ef4280c4cdde","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-1450.3","next":"us/7-cfr-1450.5"},"notice":"GroundRules: Original legal text. Not legal advice."}