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Title 7: Agriculture
Subtitle B: Regulations of the Department of Agriculture (Continued)
CHAPTER XLII: RURAL BUSINESS-COOPERATIVE SERVICE AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE
PART 4280: LOANS AND GRANTS
Subpart B: Renewable Energy Systems and Energy Efficiency Improvements Program
: Section B. Guaranteed Loans
4280.131 - Lender's functions and responsibilities.
(a) General. Lenders are responsible for implementing the guaranteed loan program under this subpart. All lenders requesting or obtaining a loan guarantee must comply with ? 4279.30(a)(1)(i) through (ix) of this chapter.
(b) Credit evaluation. The lender's credit evaluation must comply with ? 4279.30(b) of this chapter.
(c) Environmental information. Lenders must ensure that borrowers furnish all environmental information required under 7 CFR part 1940, subpart G, of this title and must comply with ? 4279.30(c) of this chapter.
(d) Construction planning and performing development. The lender must comply with ? 4279.156(a) and (b) of this chapter, except under paragraph ? 4279.156(a) of this chapter, the lender must also ensure that all project facilities are designed utilizing accepted architectural and engineering practices that conform to the requirements of this subpart.
(e) Loan closing. The loan closing must be in compliance with ? 4279.30(d) of this chapter.
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