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Current as of January 02, 2025 | Updated by Findlaw Staff
(a) An eligible applicant must:
(1) Meet all requirements prescribed by APHIS to qualify for cost-share grant funds as determined by APHIS, (FSA will accept the determination by APHIS as to an organization's qualification);
(2) Have the appropriate charter and/or legal authority as a non-profit corporation or as a State organization specifically organized to operate the boll weevil eradication program in any State, biological, or geographic region of any State in which it operates;
(3) Possess the legal authority to enter into contracts, including debt instruments;
(4) Operate in an area in which producers have approved a referendum authorizing producer assessments and in which an active eradication or post-eradication program is underway or scheduled to begin no later than the fiscal year following the fiscal year in which the application is submitted;
(5) Have the legal authority to pledge producer assessments as security for loans from FSA.
(b) Individual producers are not eligible for loans.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.771.4 Eligibility requirements - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-771-4/
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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