1. Regulations
  2. title 25
  3. chapter I
  4. part 40
  5. § 40.4

View all text of Part 40 [§ 40.1 - § 40.5]

§ 40.4 - Security.

If a borrower or cosigner has security to offer for an educational loan it must be given in an amount adequate to protect the loan.

AUTHORITY: Sec. 11, 48 Stat. 986; 25 U.S.C. 471.

SOURCE: 22 FR 10533, Dec. 24, 1957, unless otherwise noted. Redesignated at 47 FR 13327, Mar. 30, 1982.

CITE AS: 25 CFR 40.4