Approvals, regulations, and forms.

CFR · 2024-01-01 · US · Title 7

(a) When Agency approval or concurrence is required, it must be in writing and must be obtained prior to any action taken for which approval or concurrence is required. Written communication from an authorized Agency official, including any written communication approving, concurring, or otherwise communicating an Agency decision on a matter when such decision is required, may be transmitted via an electronic Agency system in accordance with Electronic Signatures in Global and National Commerce Act (ESIGN) of 2000 (114 Stat. 464) (E-Sign Act). (b) All references to statutes and regulations include any and all successor statutes and regulations. (c) All references to forms include any and all predecessor and successor forms as specified by the Agency. (d) Copies of all regulations and forms referenced in this part can be obtained through the Agency and from the Agency's website at (e) 7 CFR part 5001 does not prohibit or consent to electronic signatures. Rural Development will accept electronic signatures from Lenders for origination, loan closing, and servicing documents in accordance with the E-Sign Act unless otherwise prohibited by law or program. Lenders may use electronic signatures for electronic promissory notes (eNotes), deeds of trust and other documents relevant to the loan transaction, providing that the lender perfects and maintains a first lien position, an enforceable promissory note, and meets all other agency requirements including the following: (1) Lenders m

official document · source cfr-2024 · id 7:§ 5001.8