Code of Federal Regulations · Section
§ 3550.114 — Repayment Agreement (grants Only)
7 C.F.R. § 3550.114
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Grant recipients are required to sign a repayment agreement which specifies that the full amount of the grant must be repaid if the property is sold in less than 3 years from the date the grant agreement was signed.
Authorizing Statute
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Departmental regulations5 U.S.C. § 301
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Administrative powers of Secretary42 U.S.C. § 1480