7 CFR 1955.107 - Sale of FSA property (CONACT)

Cite as7 CFR 1955.107
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79 practice notes
5 cases
  • Powers v. United States Department of Agriculture, 092506 FLMDC, 5:04-cv-526-Oc-10GRJ
    • United States
    • Federal Cases United States District Courts 11th Circuit United States District Court of Middle District of Florida
    • September 25, 2006
    ...fifteen (15) days after acquisition, with a preference toward selling to beginning farmers or ranchers. 7 U.S.C. § 1985(c)(1)(A); 7 C.F.R. § 1955.107(a). However, before the FSA can sell such property, it must provide the original borrower who defaulted on the loan the opportunity to apply ......
  • 992 F.Supp. 1235 (D.Colo. 1998), Civ. A. 95-WM-1806, Velarde v. United States
    • United States
    • Federal Cases United States District Courts 10th Circuit United States District Court of Colorado
    • January 22, 1998
    ...borrower-owner" and in fact created a different preference scheme under which defendant has operated in this matter. 7 C.F.R. § 1955.107(f)(1995). 7 Page 1242 argues that its interpretation is reasonable. An agency's construction of its governing statutes is reviewed under a two-step a......
  • 54 F.3d 779 (7th Cir. 1995), 94-3151, Piala v. Farmers Home Admin.
    • United States
    • Federal Cases United States Courts of Appeals United States Court of Appeals (7th Circuit)
    • May 18, 1995
    ...contract of sale or lease is entered into," the local County Committee must make a selection between the qualified applicants. 7 C.F.R. § 1955.107(e)(2). 2 The regulations direct the County Committee to look for the applicant who has "the greatest need for farm income and best mee......
  • 920 F.Supp. 696 (N.D.Miss. 1996), C. A. 495cv365, Calhoun v. USDA Farm Service Agency
    • United States
    • Federal Cases United States District Courts 5th Circuit United States District Courts. 5th Circuit. Northern District of Mississippi
    • March 12, 1996
    ...property is set to occur on or about March 15, 1996. [4] The classification scheme used by FSA in this determination is located at 7 C.F.R. § 1955.107 ("After leaseback/buyback and homestead protection rights have expired or been waived, suitable farmland must be sold in priority outli......
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