Fees and charges.

CFR · 2024-01-01 · US · Title 7

There are two types of non-refundable fees—the guarantee fee and the annual renewal fee. These fees are to be paid by the lender but may be passed on to the borrower. (a) (1) Supports value-added agriculture and results in farmers benefiting financially, (2) Promotes access to healthy foods, or (3) Is a high impact business development investment as defined in § 4279.2 and applied in accordance with § 4279.166(b)(4) and is located in a rural community that: (i) Is experiencing long-term population decline; (ii) Has remained in poverty for the last 30 years; (iii) Is experiencing trauma as a result of natural disaster; (iv) Is located in a city or county with an unemployment rate 125 percent of the Statewide rate or greater; or (v) Is located within the boundaries of a federally recognized Indian tribe's reservation or within tribal trust lands or within land owned by an Alaska Native Regional or Village Corporation as defined by the Alaska Native Claims Settlement Act. (b) (1) The Agency will establish the rate of the annual renewal fee in an annual notice published in the (2) Annual renewal fees are due on January 31. Payments not received by April 1 are considered delinquent and, at the Agency's discretion, may result in the Agency terminating the guarantee to the lender. The Agency will provide the lender 30 calendar days' notice that the annual renewal fee is delinquent before terminating the guarantee. Holders' rights will continue in effect as specified in Form RD 4279-

official document · source cfr-2024 · id 7:§ 4279.120