7 C.F.R. § 1951.153

Current through October 31, 2024
Section 1951.153 - Chattel security or note-only cases
(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.

7 C.F.R. §1951.153