7 C.F.R. § 767.1

Current through September 30, 2024
Section 767.1 - Introduction
(a)Purpose. This part describes the Agency's policies for:
(1) Managing inventory property;
(2) Selling inventory property;
(3) Leasing inventory property;
(4) Managing real and chattel property the Agency takes into custody after abandonment by the borrower;
(5) Selling or leasing inventory property with important resources, or located in special hazard areas; and
(6) Conveying interest in real property for conservation purposes.
(b)Basic policy. The Agency maintains, manages and sells inventory property as necessary to protect the Agency's financial interest.

7 C.F.R. § 767.1