Arm's length transaction.

Arm's length transaction. The sale, release, or disposition of assets in which the title to the property passes to a ready, willing, and able third party who is not affiliated with, or related to, and has no security, monetary, or stockholder interest in the borrower or transferor at the time of the transaction.

Source

7 CFR § 1779.2

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Scoping language

The following general definitions are applicable to the terms used in this part:

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