[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: 7CFR1439.331]

[Page 625-626]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1439_EMERGENCY LIVESTOCK ASSISTANCE--Table of Contents
 
                   Subpart D_Pasture Recovery Program
 
Sec.  1439.331  Termination of PRP contracts.

    (a) As determined by CCC, PRP contracts may be terminated before the 
expiration date when:
    (1) The owner loses control of, or transfers, all or part of the 
acreage under contract and the new owner does not wish to continue the 
contract;
    (2) The participant voluntarily requests in writing to terminate the 
contract and obtains the approval of CCC subject to such conditions on 
approval as may be determined by CCC;
    (3) The participant is not in compliance with the terms and 
conditions of the contract;

[[Page 626]]

    (4) The same acreage is later enrolled in another State, Federal, or 
local conservation program;
    (5) The PRP practice fails and CCC determines the cost of restoring 
the cover outweighs the benefits received from the restoration; or
    (6) The PRP contract was approved based on erroneous eligibility 
determinations.
    (b) When a PRP contract is terminated, the participant must, except 
as agreed to by CCC, refund all or part of the payments made with 
respect to such contract plus interest thereon, as determined by CCC, 
and shall pay liquidated damages as provided for in such contract.