Code of Federal Regulations · Section

§ 766.457 — Canceling A Dbsa Agreement

7 C.F.R. § 766.457

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(a) The Agency will cancel a DBSA agreement if the Agency takes any PLS action on the loan.

(b) The Agency will cancel a DBSA agreement if the borrower pays the:

(1) Current market value buyout in accordance with § 766.113; or

(2) The set-aside installment.

Authorizing Statute