1. Regulations
  2. title 7
  3. chapter XVII
  4. part 1717
  5. subpart M
  6. § 1717.610

View all text of Subpart M [§ 1717.600 - § 1717.618]

§ 1717.610 - RUS approval of compensation of the board of directors.

If a borrower's mortgage or loan contract requires the borrower to obtain approval from RUS for compensation provided to members of the borrower's board of directors, such requirement is hereby waived.

AUTHORITY: 7 U.S.C. 901

SOURCE: 55 FR 38646, Sept. 19, 1990, unless otherwise noted.

CITE AS: 7 CFR 1717.610