[Code of Federal Regulations]

[Title 49, Volume 4]

[Revised as of October 1, 2006]

From the U.S. Government Printing Office via GPO Access

[CITE: 49CFR260.49]



[Page 835]

 

                        TITLE 49--TRANSPORTATION

 

       CHAPTER II--FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF 

                             TRANSPORTATION

 

PART 260_REGULATIONS GOVERNING LOANS AND LOAN GUARANTEES UNDER THE 

 

       Subpart E_Procedures To Be Followed in the Event of Default

 

Sec.  260.49  Avoiding defaults.



    Borrowers are encouraged to contact the Administrator prior to the 

occurrence of an event of default to explore possible avenues for 

avoiding such an occurrence.