[Code of Federal Regulations]

[Title 7, Volume 14]

[Revised as of January 1, 2007]

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

[CITE: 7CFR1965.6]



[Page 287]

 

                          TITLE 7--AGRICULTURE

 

   CHAPTER XVIII--RURAL HOUSING SERVICE, RURAL BUSINESS--COOPERATIVE 

SERVICE, RURAL UTILITIES SERVICE, AND FARM SERVICE AGENCY, DEPARTMENT OF 

                         AGRICULTURE (CONTINUED)

 

PART 1965_REAL PROPERTY--Table of Contents

 

Subpart A_Servicing of Real Estate Security for Farm Loan Programs Loans 

                       and Certain Note-Only Cases

 

Sec.  1965.6  Consent of lienholders.



    When this subpart requires the consent of other lienholders, consent 

will be obtained and furnished in writing to the FmHA or its successor 

agency under Public Law 103-354 by the borrower before the FmHA or its 

successor agency under Public Law 103-354 enters into a transaction 

which affects its security or its lien. This consent will, unless 

otherwise provided in a State Supplement, include an agreement as to the 

disposition of any funds involved in the transaction.