Holder.

Holder. A person or entity, other than the lender, who owns all or part of the guaranteed portion of the loan with no servicing responsibilities. When the single note option is used and the lender assigns a part of the guaranteed note to an assignee, the assignee becomes a holder only when the Agency receives notice and the transaction is completed through the use of Form RD 4279-6.

Source

7 CFR § 4280.103

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Scoping language

Terms used in this subpart are defined in either 4279.2 of this chapter or in this section. If a term is defined in both 4279.2 and this section, it will have, for purposes of this subpart only, the meaning given in this section.

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