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Current as of January 02, 2025 | Updated by Findlaw Staff
Under this subpart, Eligible entities for the RESP include:
(a) Any public power district, public utility district, or similar entity, or any electric cooperative described in section 501(c)(12) or 1381(a)(2) of the Internal Revenue Code of 1986, that borrowed and repaid, prepaid, or is paying an electric loan made or guaranteed by the Rural Utilities Service (or any predecessor agency);
(b) Any entity primarily owned or controlled by one (1) or more entities described in paragraph (a) of this section; or
(c) Any other entity that is an eligible borrower of the Rural Utilities Service, as determined under 7 CFR 1710.101.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.1719.4 Eligibility - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-1719-4/
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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