{"data":{"id":"us/7-cfr-5001.508","jurisdiction":"us","citation":"7 CFR 5001.508","heading":"Mergers.","body":"Agency approval. All borrower mergers or consolidations (herein referred to as “mergers”) require approval by the Agency and the lender. The Agency may approve a merger when—\n(a) The resulting organization will be eligible for a guaranteed loan and assumes all the liabilities and acquires all the assets of the merged borrower;\n(b) The merger is in the best interest of the government and the merging organization;\n(c) The resulting organization can meet all required conditions as contained in specific loan agreements; and\n(d) All property can be legally transferred to the resulting organization.","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER L—RURAL BUSINESS-COOPERATIVE SERVICE, RURAL HOUSING SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE","PART 5001—GUARANTEED LOANS","Subpart F—Servicing 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":"2d15a99d66c10c97faeaf26b87f40e69cd2345e1ce289086cf48f11aa25e7452","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-5001.507","next":"us/7-cfr-5001.509"},"notice":"GroundRules: Original legal text. Not legal advice."}