Code of Federal Regulations · Section
§ 765.251 — General
7 C.F.R. § 765.251
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(a) A borrower is required to be the operator of Agency security in accordance with loan purposes, loan agreements, and security instruments.
(b) A borrower who fails to operate the security without Agency consent is in violation of loan agreements and security instruments.
(c) The Agency will consider a borrower's request to lease or cease to operate the security as provided in §§ 765.252 and 765.253.
Authorizing Statute
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Rules and regulations7 U.S.C. § 1989
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Departmental regulations5 U.S.C. § 301