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<CFRGRANULE xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:noNamespaceSchemaLocation="CFRMergedXML.xsd">
  <FDSYS>
    <CFRTITLE>7</CFRTITLE>
    <CFRTITLETEXT>Agriculture</CFRTITLETEXT>
    <VOL>15</VOL>
    <DATE>2006-01-01</DATE>
    <ORIGINALDATE>2006-01-01</ORIGINALDATE>
    <COVERONLY>false</COVERONLY>
    <TITLE>Insolvency of lender.</TITLE>
    <GRANULENUM>3565.110</GRANULENUM>
    <HEADING>Section 3565.110</HEADING>
    <ANCESTORS>
      <PARENT HEADING="Title 7" SEQ="4">Agriculture</PARENT>
      <PARENT HEADING="Subtitle B" SEQ="3">Regulations of the Department of Agriculture (Continued)</PARENT>
      <PARENT HEADING="CHAPTER XXXV" SEQ="2">RURAL HOUSING SERVICE, DEPARTMENT OF AGRICULTURE</PARENT>
      <PARENT HEADING="PART 3565" SEQ="1">GUARANTEED RURAL RENTAL HOUSING PROGRAM</PARENT>
      <PARENT HEADING="Subpart C" SEQ="0">Lender Requirements</PARENT>
    </ANCESTORS>
  </FDSYS>
  <SECTION>
    <SECTNO>§ 3565.110</SECTNO>
    <SUBJECT>Insolvency of lender.</SUBJECT>
    <P>The Agency may require a lender to transfer a guaranteed loan or loans to another approved lender prior to a determination of insolvency by the lender. If the lender fails to transfer a loan when required, the guarantee will be considered null and void.</P>
  </SECTION>
</CFRGRANULE>
