7 CFR 1421.404 - Financial security.

§ 1421.404 Financial security.
In order to be approved to handle loans and loan deficiency payments, the DMA must:
(a) Have a current net worth ratio of at least 1:1.
(b) Provide security equal to $100,000 or a greater amount as determined by CCC.
[70 FR 33799, June 10, 2005. Redesignated at 74 FR 15656, Apr. 7, 2009]

Title 7 published on 2014-01-01

no entries appear in the Federal Register after this date.