7 CFR 771.11 - Application.

§ 771.11 Application.
A complete application will consist of the following:
(a) An application for Federal assistance (available in any FSA office);
(b) Applicant's financial projections including a cash flow statement showing the plan for loan repayment;
(c) Copies of the applicant's authorizing State legislation and organizational documents;
(d) List of all directors and officers of the applicant;
(e) Copy of the most recent audited financial statements along with updates through the most recent quarter;
(f) Copy of the referendum used to establish the assessments and a certification from the Board of Directors that the referendum passed;
(g) Evidence that the officers and employees authorized to disburse funds are covered by an acceptable fidelity bond;
(h) Evidence of acceptable liability insurance policies;
(i) Statement from the applicant addressing any current or pending litigation against the applicant as well as any existing judgments;
(j) A copy of a resolution passed by the Board of Directors authorizing the officers to incur debt on behalf of the borrower;
(k) Any other information deemed to be necessary by FSA to render a decision.

Title 7 published on 2014-01-01

no entries appear in the Federal Register after this date.

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United States Code
U.S. Code: Title 7 - AGRICULTURE
Statutes at Large