{"data":{"id":"us/7-cfr-764.232","jurisdiction":"us","citation":"7 CFR 764.232","heading":"Eligibility requirements.","body":"(a) The applicant:\n(1) Must comply with general eligibility requirements specified in § 764.101 except paragraphs (e) and (k) of that section;\n(2) And anyone who will sign the promissory note, must not have received debt forgiveness from the Agency on any direct or guaranteed loan; and\n(3) Must be the owner-operator or tenant-operator of a farm and be engaged in agricultural production after the time of loan is closed. In the case of an entity:\n(i) The entity is controlled by farmers engaged primarily and directly in farming in the United States;\n(ii) The entity must be authorized to operate a farm in the State in which the farm is located.\n(b) [Reserved]","path":["Title 7—Agriculture","Subtitle B—Regulations of the Department of Agriculture","CHAPTER VII—FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE","SUBCHAPTER D—SPECIAL PROGRAMS","PART 764—DIRECT LOAN MAKING","Subpart F—Conservation Loan Program"],"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":"77a3ee756a4a8b9b95a5ed418b8baad19926738ffd7f890cf18dd41ef0c7df88","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-764.231","next":"us/7-cfr-764.233"},"notice":"GroundRules: Original legal text. Not legal advice."}