[Code of Federal Regulations]
[Title 7, Volume 10]
[Revised as of January 1, 2007]
From the U.S. Government Printing Office via GPO Access
[CITE: 7CFR1421.114]

[Page 447]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1421_GRAINS AND SIMILARLY HANDLED COMMODITIES_MARKETING ASSISTANCE LOANS 
 
                  Subpart B_Marketing Assistance Loans
 
Sec.  1421.114  Recourse marketing assistance loans.

    (a) CCC shall make recourse marketing assistance loans available to 
eligible producers of high moisture corn, high moisture grain sorghum 
and other eligible loan commodities as determined by the Deputy 
Administrator, Farm Programs.
    (b) Repayment must be paid in full on or before the loan maturity 
date.
    (c) Recourse marketing assistance loan collateral may not be 
delivered or forfeited to CCC in satisfaction of the loan indebtedness.

[67 FR 63511, Oct. 11, 2002. Redesignated at 70 FR 33799, June 10, 2005]

[[Page 448]]