{"data":{"id":"us/7-cfr-770.8","jurisdiction":"us","citation":"7 CFR 770.8","heading":"Use of acquired land.","body":"(a) General. Subject to § 770.5(d) land acquired with loan funds, or other property serving as the security for a loan under this part, may be leased, sold, exchanged, or subject to a subordination of the Agency's interests, provided:\n(1) The Agency provides prior written approval of the action;\n(2) The Agency determines that the borrower's loan obligations to the Agency are adequately secured; and\n(3) The borrower's ability to repay the loan is not impaired.\n(b) Title. Title to land acquired with a loan made under this part may, with the approval of the Secretary of the Interior, be taken by the United States in trust for the tribe or tribal corporation.","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 770—INDIAN TRIBAL LAND ACQUISITION LOANS"],"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":"be3a4555e99731a6043460fdc6ead76b89cbde4c69b3b5d11d79419b20e57fda","source_id":"us-cfr","stale":true,"prev":"us/7-cfr-770.7","next":"us/7-cfr-770.9"},"notice":"GroundRules: Original legal text. Not legal advice."}
