49 C.F.R. · Transportation
49 C.F.R. § 22.53

Loan monitoring and servicing requirements.

Title 49 C.F.R. ● ACTIVE Primary Source
Regulatory Text

49 C.F.R. § 22.53 — Loan monitoring and servicing requirements.

§ 22.53 Loan monitoring and servicing requirements. The Participating Lender must review STLP principal advance requests, process loan disbursements, and payments, and maintain contact with the borrower during the term of the loan. The Participating Lender must monitor the progress of the project being financed and the borrower's continued compliance with the terms and conditions of the loan. The Participating Lender must promptly report any material adverse change in the financial condition or business operations of the borrower to DOT OSDBU.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
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Federation ID
BS-CFR49-SEC-2CD1FB
Entity Class
REGULATION / FEDERAL-CFR-SECTION
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boisestandard.org
Citation
49 C.F.R. § 22.53
Corpus
CFR — Code of Federal Regulations
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✓ ACTIVE
Source
PRIMARY-SOURCE
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✓ TRUE
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The regulatory text of 49 C.F.R. § 22.53 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 49 49 C.F.R. § 22.53