13 C.F.R. · Business Credit and Assistance
13 C.F.R. § 120.550

What is homestead protection for farmers?

Title 13 C.F.R. ● ACTIVE Primary Source
Regulatory Text

13 C.F.R. § 120.550 — What is homestead protection for farmers?

§ 120.550 What is homestead protection for farmers? SBA may lease to a farmer-Borrower the farm residence occupied by the Borrower and a reasonable amount of adjoining property (no more than 10 acres and seven farm buildings), if they were acquired by SBA as a result of a defaulted farm loan made or guaranteed by SBA ( see the Consolidated Farm and Rural Development Act, 7 U.S.C. 1921, for qualifying loan purposes).

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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13 C.F.R. § 120.550
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The regulatory text of 13 C.F.R. § 120.550 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 13 13 C.F.R. § 120.550