[Code of Federal Regulations]
[Title 7, Volume 11]
[Revised as of January 1, 2003]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1703.27]

[Page 39]
 
                          TITLE 7--AGRICULTURE
 
    CHAPTER XVII--RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
 
PART 1703--RURAL DEVELOPMENT--Table of Contents
 
      Subpart B--Rural Economic Development Loan and Grant Program
 
Sec. 1703.27  Owner's equity in the project.

    The Administrator may require, as a condition to RUS financing, that 
the owner(s) of the project invest equity capital if determined to be 
financially necessary, based on an RUS financial analysis and sound 
lending practices.