Definitions and rules of construction.
CFR · 2024-01-01 · US · Title 7
(a) (i) In default or near default on interest or principal payments due on loans made or guaranteed under the RE Act; (ii) A borrower that was in default or near default, but is currently participating in a workout or debt restructuring plan with RUS; or (iii) Experiencing a financial hardship. (b)
official document · source cfr-2024 · id 7:§ 1703.302