7 CFR 1962.7 : Agriculture (§ 1.1 To Parts 4291-4299) — (Subparts A-B To Parts 1981-1999) — Regulations Of The Department Of Agriculture (Continued) (Subparts A-B To Parts 1981-1999) — Rural Housing Service, Rural Business-Cooperative Service, Rural Utilities Service, And Farm Service Agency, Department Of Agriculture (Continued) (Subparts A-B To Parts 1981-1999) — Program Regulations (Continued) (Subparts A-B To Parts 1981-1999) — Personal Property (§ 1962.1 To § 1962.50) — Servicing And Liquidation Of Chattel Security (§ 1962.1 To § 1962.50) — Securing unpaid balances on unsecured loans.

4 Aug 2016

The County Supervisor will take a lien on a borrower's chattel property in accordance with § 1962.6 of this subpart if it is necessary to rely on such property for the collection of the borrower's unsecured indebtedness, or if it will assist in accomplishing loan objectives.

7 CFR 1962.7