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Current as of January 02, 2025 | Updated by Findlaw Staff
When necessary to protect the Agency's security interest, costs incurred for the following actions will be charged to the borrower's account:
(a) Maintain abandoned security property;
(b) Preserve inadequately maintained security;
(c) Pay real estate taxes and assessments;
(d) Pay property, hazard, or flood insurance;
(e) Pay harvesting costs;
(f) Maintain Agency security instruments;
(g) Pay ground rents;
(h) Pay expenses for emergency measures to protect the Agency's collateral; and
(i) Protect the Agency from actions by third parties.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.765.203 Protective advances - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-765-203/
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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