legal · go-v.org

Loan closing.

CFR · 2024-01-01 · US · Title 7

(a) (b) (c) (1) The borrower must submit audited financial statements to FSA at least annually; (2) The borrower will immediately notify FSA of any adverse actions such as: (i) Anticipated default on FSA debt; (ii) Potential recall vote of an assessment referendum; or (iii) Being named as a defendant in litigation; (3) Submission of other specific financial reports for the borrower; (4) The right of deferral under 7 U.S.C. 1981a; and (5) Applicable liquidation procedures upon default. (d)

official document · source cfr-2024 · id 7:§ 771.13