1. Regulations
  2. title 7
  3. chapter XVII
  4. part 1744
  5. subpart E
  6. § 1744.206

View all text of Subpart E [§ 1744.200 - § 1744.210]

§ 1744.206 - Effect of subsequent failure to maintain ratios.

If an expenditure constitutes a qualified investment under the terms of this subpart, it does not cease to be a qualified investment merely because subsequently the borrower fails to maintain the maximum investment ratio or the minimum total assets ratio.

AUTHORITY: 7 U.S.C. 901

SOURCE: 55 FR 39396, Sept. 27, 1990, unless otherwise noted.

CITE AS: 7 CFR 1744.206