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Current as of January 02, 2025 | Updated by Findlaw Staff
Loan funds may be used for any of the following purposes related to the production or marketing of apples:
(a) Payment of costs associated with reorganizing a farm to improve its profitability;
(b) Payment of annual farm operating expenses;
(c) Purchase of farm equipment or fixtures;
(d) Acquiring, enlarging, or leasing a farm;
(e) Making capital improvements to a farm;
(f) Refinancing indebtedness;
(g) Purchase of cooperative stock for credit, production, processing or marketing purposes; or
(h) Payment of loan closing costs.
Cite this article: FindLaw.com - Code of Federal Regulations Title 7. Agriculture § 7.773.7 Loan uses - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-7-agriculture/cfr-sect-7-773-7/
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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