7 CFR 1421.113 - Recourse marketing assistance loans.

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§ 1421.113 Recourse marketing assistance loans.
(a) CCC shall make recourse marketing assistance loans available to eligible producers of high moisture corn, high moisture grain sorghum and other eligible loan commodities as determined by the Deputy Administrator, Farm Programs.
(b) Repayment must be paid in full at principal plus interest on or before the loan maturity date.
(c) Recourse marketing assistance loan collateral may not be delivered or forfeited to CCC in satisfaction of the loan indebtedness.
[67 FR 63511, Oct. 11, 2002. Redesignated at 70 FR 33799, June 10, 2005. Redesignated and amended at 74 FR 15655, Apr. 7, 2009]

Title 7 published on 2014-01-01

no entries appear in the Federal Register after this date.