7 CFR · Agriculture
§ 1951.859 — Term of loans.
7 CFR § 1951.859
TitleTitle 7: AgriculturePartPart 1951: Servicing and Collections
SourceeCFR (current through Apr 9, 2026)
This text of 7 C.F.R. § 1951.859 (Term of loans.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
7 C.F.R. § 1951.859 (2026).
Text
§ 1951.859 Term of loans.
(a)No loans shall be extended for a period exceeding 30 years. Principal payments on loans will be made at least annually. The initial principal payment may be deferred not more than 3 years.
(b)The terms of loan repayment will be those stipulated in the loan agreement and/or promissory note.
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Nearby Sections
11
§ 1951.717
Exception authority.§ 1951.718-1951.750
§§ 1951.718-1951.750 [Reserved]§ 1951.851
Introduction.§ 1951.852
Definitions and abbreviations.§ 1951.853-1951.858
§§ 1951.853-1951.858 [Reserved]§ 1951.859
Term of loans.§ 1951.860-1951.865
§§ 1951.860-1951.865 [Reserved]§ 1951.866
Security.§ 1951.867-1951.871
§§ 1951.867-1951.871 [Reserved]§ 1951.872
Other regulatory requirements.§ 1951.873-1951.880
§§ 1951.873-1951.880 [Reserved]Cite This Page — Counsel Stack
Bluebook (online)
7 C.F.R. § 1951.859, Counsel Stack Legal Research, https://law.counselstack.com/cfr/7/1951/1951.859.