General.

CFR · 2024-01-01 · US · Title 7

(a) A borrower is required to be the operator of Agency security in accordance with loan purposes, loan agreements, and security instruments. (b) A borrower who fails to operate the security without Agency consent is in violation of loan agreements and security instruments. (c) The Agency will consider a borrower's request to lease or cease to operate the security as provided in §§ 765.252 and 765.253.

official document · source cfr-2024 · id 7:§ 765.251