Code of Federal Regulations · Section
§ 764.451 — Purpose
7 C.F.R. § 764.451
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The purpose of borrower training is to help an applicant develop and improve skills necessary to:
(a) Successfully operate a farm;
(b) Build equity in the operation; and
(c) Become financially successful and prepared to graduate from Agency financing to commercial sources of credit.
Authorizing Statute
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Rules and regulations7 U.S.C. § 1989
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Departmental regulations5 U.S.C. § 301