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e-CFR data is current as of July 9, 2020

Title 7Subtitle BChapter VIISubchapter DPart 766Subpart E → §766.205


Title 7: Agriculture
PART 766—DIRECT LOAN SERVICING—SPECIAL
Subpart E—Servicing Shared Appreciation Agreements and Net Recovery Buyout Agreements


§766.205   Shared Appreciation Payment Agreement rates and terms.

(a) The interest rate for Shared Appreciation Payment Agreements is the Agency's SA amortization rate.

(b) The term of the Shared Appreciation Payment Agreement is based on the borrower's repayment ability and the useful life of the security. The term will not exceed 25 years.

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