7 CFR 772.2 - Abbreviations and Definitions.
AMPAssociation-Type Minor Program loan;
CFRCode of Federal Regulations;
FOFarm Ownership Loan;
FSAFarm Service Agency;
IMPIndividual-Type Minor Program loan;
USDAUnited States Department of Agriculture.
Association-Type Minor Program loans (AMP): Loans to Grazing Associations and Irrigation and Drainage Associations.
Entity: Cooperative, corporation, partnership, joint operation, trust, or limited liability company.
Graduation: The requirement contained in loan documents that borrowers pay their FSA loan in full with funds received from a commercial lending source as a result of improvement in their financial condition.
Individual-type Minor Program loans (IMP): Non-Farm Enterprise or Recreation loans to individuals.
Member: Any individual who has an ownership interest in the entity which has received the Minor Program loan.
Minor Program: Non-Farm Enterprise, Individual Recreation, Grazing Association, or Irrigation and Drainage loan programs administered or to be administered by FSA
Review official: An agency employee, contractor or designee who is authorized to conduct a compliance review of a Minor Program borrower under this part.
Title 7 published on 2015-01-01.
No entries appear in the Federal Register after this date, for 7 CFR Part 772.