Acquisition of affiliates.
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Law
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CFR 7
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Agriculture
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Regulations of the Department of Agriculture
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Rural Utilities Service, Department of Agriculture
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General Policies, Types of Loans, Loan Requirements - Telecommunications Program
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Acquisitions Involving Loan Funds
- Acquisition of affiliates.
A borrower shall not use RUS loan funds to acquire any stock or any telephone plant of an affiliate.
[54 FR 14626, Apr. 12, 1989. Redesignated at 55 FR 39395, Sept. 27, 1990, as amended at 62 FR 46871, Sept. 5, 1997]
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