Property acquired by the lender.

CFR · 2024-01-01 · US · Title 7

(a) (b) (2) Whenever the conversion of collateral to cash can reasonably be expected to result in a negative net recovery amount, the lender should consider abandonment of the collateral. If the lender seeks to abandon the collateral, the lender must obtain written Agency approval before abandoning the collateral. (c)

official document · source cfr-2024 · id 7:§ 5001.523