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Code of Federal Regulations Title 7. Agriculture § 7.4290.1720 Characteristics of Agency's guarantee

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

If the Agency agrees to guarantee a RBIC's Debentures, such guarantee will be unconditional, irrespective of the validity, regularity or enforceability of the Debentures or any other circumstances that might constitute a legal or equitable discharge or defense of a guarantor. Pursuant to its guarantee, the Agency will make timely payments of principal and interest on the Debentures.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.4290.1720 Characteristics of Agency's guarantee - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-4290-1720/

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