[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: 7CFR1468]

[Page 692]
 
                          TITLE 7--AGRICULTURE
 
  CHAPTER XIV--COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE
 
PART 1468_CONSERVATION FARM OPTION--Table of Contents
 
                           Subpart B_Contracts
 
Sec.  1468.24  Contract modifications and transfers of land.

    (a) The participant and CCC may modify a contract if the participant 
and CCC agree to the contract modification and the conservation farm 
plan is revised in accordance with CCC requirements and is approved by 
the conservation district.
    (b) The participant may agree to transfer a contract to another 
eligible owner or operator with the agreement of CCC. The transferee 
shall assume full responsibility under the contract, including operation 
and maintenance of those conservation practices already installed and to 
be installed as a condition of the contract. By agreeing to participate 
in CFO, CCC may require operation and maintenance of those conservation 
practices installed under CRP, EQIP, or WRP.
    (c) CCC may require a participant to refund all or a portion of any 
assistance earned under a CRP or EQIP contract, or WRP cost-share 
agreement that was terminated as a condition of participation in CFO, if 
the participant sells or loses control of the land under a CFO contract 
and the new owner or controller does not assume responsibility under the 
contract.