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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) RUS finances the acquisition by a borrower of another system, lines, or facilities only when the acquisition is necessary and incidental to furnishing or improving rural telephone service. See 7 CFR 1735.13.
(b) RUS determines the amount it will lend for each acquisition. If the acquisition price exceeds this amount, the borrower shall provide the remainder.
(c) For additional policies on acquisitions, see subpart F through J of this part.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.1735.20 Acquisitions - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-1735-20/
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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