Code of Federal Regulations · Section
§ 1786.204 — Limitations
7 C.F.R. § 1786.204
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(a) No more than three refinancing notes will be executed for any borrower per calendar year.
(b) The borrower may not select a term for the refinanced advance that ends after the maturity date set for that advance.
Authorizing Statute
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Short title7 U.S.C. § 901
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Under Secretary of Agriculture for Rural Development7 U.S.C. § 6941