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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) The DMA is responsible for servicing MALs and are required to take the following actions:
(1) Send the producer a maturity notice letter before MAL maturity.
(2) Maintain the MAL or LDP documents according to FSA requirements.
(3) Transmit the necessary funds to repay the MAL to FSA.
(b) FSA will process the CCC release of paper receipts or EWRs where such a release is appropriate.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.1421.419 MAL or LDP servicing - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-1421-419/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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