Title 7--AGRICULTURE
Chapter XVI--RURAL TELEPHONE BANK, DEPARTMENT OF AGRICULTURE


quorum of the Directors of the Bank required to take action on behalf of the Bank where such deliberations determine or result in the joint conduct or disposition of official...


member of the Board. Legal Counsel means the legal counsel of the Bank. Meeting means the deliberations (including those conducted by conference telephone call or by any...


not include participation or disruptive conduct by observers, and persons engaging in such conduct will be removed from the meeting. Documents being considered at meetings...


the scheduled meeting date in order for the Secretary of the [[Page 8]] Bank to give the public notice required by Sec. 1600.5. Special meetings of the Board may...


under Sec. 1600.7 will be made at least seven days in advance of each meeting. Except to the extent that such information is determined to be exempt from disclosure...


such meeting otherwise required by Sec. 1600.3 to be disclosed to the public may be withheld, where the Board determines that public disclosure of information to be discussed...


meeting. A separate vote shall be taken with respect to any action under Sec. 1600.6(a). A majority of the Board may act by taking a single vote with respect to a series...


portion thereof which is closed to the public pursuant to a vote under Sec. 1600.7: (1) A copy of the Legal Counsel's certification required by Sec. 1600.7; (2)...


of 1936 (the ``Act''), as amended (7 U.S.C. 941 et seq.), and this part 1610. Loans are made under section 408(a)(1) of the Act for purposes of section 201 of the Act. Loans are...


appropriated based on subsidy. Bank means the Rural Telephone Bank, an agency and instrumentality of the United States within the United States Department of Agriculture. ...


[Code of Federal Regulations] [Title 7, Volume 11] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 7CFR1610.3] [Page 11] TITLE 7--AGRICULTURE CHAPTER XVI--RURAL TELEPHONE BANK, DEPARTMENT OF AGRICULTURE PART 1610_LOAN POLICIES--Table of Contents Sec. 1610.3 Loan authorizations. The aggregate amount of loans made will not exceed the amount authorized by the Board of Directors (the ``Board'') of the Bank. [38 FR 17184, June 29, 1973. Redesignated at 58 FR 66252, Dec. 20, 1993] ...


on such review, the eligibility of the applicant for a Bank loan and the amount thereof. Loan application forms are available from RUS on request. No fees or charges...


[Code of Federal Regulations] [Title 7, Volume 11] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 7CFR1610.5] [Page 11] TITLE 7--AGRICULTURE CHAPTER XVI--RURAL TELEPHONE BANK, DEPARTMENT OF AGRICULTURE PART 1610_LOAN POLICIES--Table of Contents Sec. 1610.5 Minimum Bank loan. A Bank loan will not be made unless the applicant qualifies for a Bank loan of at least $50,000. [38 FR 17184, June 29, 1973. Redesignated at 58 FR 66252, Dec. 20, 1993] ...


305(d)(2) of the Act. To qualify for concurrent Bank and RUS cost-of-money loans on or after November 1, 1993, a borrower must meet each of the...


section 408(a)(2) of the Act (7 U.S.C. 948(a)(2)) will not be recommended by the Governor for approval by the Secretary of Agriculture unless the Governor...


the Governor in carrying out the Bank's loan program to the extent that such policies are consistent with title IV of the Act (7 U.S.C. 941 et seq.) and to the extent...


may purchase class B stock by: (1) Paying an amount (using their own general funds) equal to 5 percent of the amount, exclusive of the amount for class B stock,...


1987, shall bear interest at the rate determined as established below, but not less than 5 percent per annum. (b) The interest rate for the period beginning on the date...


therein. (b) A borrower may prepay part or all of a Bank loan made on or after November 1, 1993, by paying the outstanding principal and any accrued interest...




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