Code of Federal Regulations · Section

§ 25.302 — Application Withdrawal; Effect Of Approval

31 C.F.R. § 25.302

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A Borrower that submits a prepayment application may withdraw the prepayment application at any time prior to its approval. Even after a Borrower's prepayment application has been approved, the Borrower is not obligated to prepay its Eligible FMS Loans or Eligible FMS Advances.

Authorizing Statute