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Code of Federal Regulations Title 7. Agriculture § 7.1951.153 Chattel security or note-only cases

Current as of January 02, 2025 | Updated by Findlaw Staff

(a) If a loan secured by both real estate and chattels is paid in full, the chattel security instrument will be satisfied or released in accordance with subpart A of part 1962 of this chapter.

(b) When a loan is evidenced by only a note and the note is paid in full, RD will deliver the note to the borrower in the manner prescribed in § 1951.155(c) of this subpart.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.1951.153 Chattel security or note-only cases - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-1951-153/

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