[Federal Register Volume 83, Number 102 (Friday, May 25, 2018)]
[Rules and Regulations]
[Pages 24228-24232]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2018-11207]
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DEPARTMENT OF COMMERCE
National Oceanic and Atmospheric Administration
50 CFR Part 253
[Docket No. 170404355-8455-02]
RIN 0648-BG80
Merchant Marine Act and Magnuson-Stevens Act Provisions; Fishing
Vessel, Fishing Facility and Individual Fishing Quota and Harvesting
Rights Lending Program Regulations
AGENCY: National Marine Fisheries Service (NMFS), National Oceanic and
Atmospheric Administration (NOAA), Commerce.
ACTION: Final rule; response to comments.
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SUMMARY: NMFS' Fisheries Finance Program (FFP) provides long-term
financing to the commercial fishing and aquaculture industries for
fishing vessels, fisheries facilities, aquaculture facilities, and
certain designated individual fishing quota (IFQ). Section 302 of the
Coast Guard Authorization Act of 2015 included new authority to finance
the purchase of harvesting rights in a fishery that is federally
managed under a limited access system. Through this final rule, the FFP
adds a new section to the existing FFP regulations to implement this
statutory change. The net effect of this change to the regulations will
be to provide additional authority for the program to lend, and
providing FFP financing to additional fisheries while leaving the
original IFQ authority to Fishery Management Councils to use as needed.
DATES: This final rule is effective June 25, 2018.
FOR FURTHER INFORMATION CONTACT: Earl Bennett, at 301-427-8765 or via
email at [email protected].
SUPPLEMENTARY INFORMATION: Under the authority of Chapter 537 of Title
46 of the United States Code, 46 U.S.C. 53701, et seq., the FFP may
provide long-term financing to the commercial fishing and aquaculture
industries for fishing vessels, fisheries facilities, aquaculture
facilities, and certain designated individual fishing quota (IFQs).
Section 302 of the Coast Guard Authorization Act of 2015 (Pub. L. 114-
120) amended Chapter 537, providing the FFP with the authority to
finance the purchase of harvesting rights in a fishery that is
federally managed under a limited access system. This amendment is
codified at 46 U.S.C. 53702(b)(4)(B). On October 31, 2017, NMFS
published a proposed rule to add a new section to the existing FFP
regulations to implement this statutory change and requested public
comment (82 FR 50363). NMFS received eight responses, of which two were
not related to the rulemaking five were in support and one was neutral.
The net effect of this final rule is to provide additional authority
for the program to lend, while leaving the original IFQ authority to
Fishery Management Councils (FMCs) to use as needed.
Existing IFQ Loan Authority
46 U.S.C. 53706 authorizes the FFP to finance or refinance the
purchase of individual fishing quotas in accordance with section
303(d)(4) of the Magnuson-Stevens Fishery Conservation and Management
Act (MSA), now codified at 16 U.S.C. 1853a(g). Under this provision of
the MSA, an FMC may submit, and NMFS may approve and implement, a loan
program to aid in (1) the acquisition of IFQ by fishermen who fish from
``small vessels,'' and (2) the first time purchase of IFQ by ``entry
level fishermen.'' Therefore, under this authority, the FFP cannot
initiate or implement a lending program to finance or refinance the
purchase of IFQ until the appropriate FMC submits a request to NMFS and
provides guidance for the requisite criteria.
[[Page 24229]]
NMFS currently administers two loan programs pursuant to the
existing IFQ authority: the Northwest Halibut/Sablefish and Bering Sea
and Aleutian Islands Crab IFQ loan programs. NMFS anticipates no
changes to either of these existing loan programs as a result of this
action. However, the availability of the new loan authority may affect
fishers in the existing IFQ loan programs by providing an additional
source of financing which would not be limited by existing quota share
ownership.
New Loan Authority
The new authority provided by Public Law 114-120 broadens the FFP's
existing authority, and authorizes the Program to finance the purchase
of harvesting rights in a fishery that is federally managed under a
limited access system. NMFS interprets ``limited access system'' in
accordance with section 3(27) of the MSA for purposes of this
authority. The MSA defines ``limited access system'' as ``a system that
limits participation in a fishery to those satisfying certain
eligibility criteria or requirements contained in a fishery management
plan or associated regulation.'' 16 U.S.C. 1802(27). Such definition
includes, but is not limited to, IFQ fisheries.
The new authority provided by Public Law 114-120 does not require
FMCs to initiate a request to establish a loan program in a fishery
that is federally managed under a limited access system in order for
the FFP to provide financing in such a fishery. However, under the MSA,
FMCs are primarily responsible for developing fishery management plans
(FMPs) for fisheries within their authority that require conservation
and management. It is possible that the availability of fisheries loans
may have unanticipated effects on the achievement of FMP goals and
objectives. Therefore, NMFS believes it appropriate to allow the FMCs
to comment on the potential or actual effect of a loan program for
harvesting rights in fisheries under their authority. An FMC may
provide an explanation to NMFS at any time, in writing, why the
potential or continuing availability of financing for harvesting rights
in a fishery under its authority would harm the achievement of the
goals and objectives of the FMP applicable to the fishery. If NMFS
accepts the Council's reasoning, harvesting rights loans would not be
provided, or would cease to be provided, in that fishery. In such a
scenario, NMFS would publish a notice in the Federal Register notifying
the public that new loans will not be made in that fishery. If there
were already loan applications under consideration, the exceptional
circumstances would justify NMFS returning any loan fees submitted with
loan applications. The opportunity for FMC input will help ensure that
loans made by the FFP do not undermine or conflict with the goals and
objectives of specific FMPs.
Extent of Financing
Section 302 of the Coast Guard Authorization Act of 2015 imposes no
limitations on the extent of financing to be provided by the FFP for
the purchase of harvesting rights. The new authority is also silent on
any other limitations, such as those in the existing IFQ loan programs
limiting quantities of quota share eligible for financing. However, it
does reserve $59 million of direct loan authority for historical uses,
defined at 46 U.S.C. 53701(8). Thus, NMFS anticipates that the balance
of annual direct loan authority--currently $41 million--may be
available to finance or refinance the purchase of harvesting rights in
federally managed fisheries under a limited access system. This action
will allow NMFS to fully use the program's loan authority either for
historical purposes or for any authorized new purposes should it be
determined that demand or lack of demand in either area would result in
unused loan authority.
Response to Comments
NMFS received eight comments during the comment period. Two of
these comments were not directly responsive to the rule. One of these
included statements asserting general regulatory overreach and
shortcomings of the regulatory process. The other comment was directed
at overall agency policies regarding aquaculture. A rule on financing
harvesting rights is not the appropriate venue for comments on national
regulatory or other general policies.
The remaining six comments were either supportive of the new
authority, or neutral. Of these, three mentioned support for allowing
FMCs to comment on potential lending for harvesting rights in their
respective fisheries. Two supported retaining protections for the
traditional uses of the loan program and reserving the current funding
level ($59 million) for such uses, taking into account annual demand
for the loan authority. One also supported not applying additional loan
program limitations to the new harvesting rights lending authority.
Specific points raised in comments included: Requesting further
guidance on what constitutes acceptable objections from FMCs for not
allowing financing of harvesting rights in fisheries under their
jurisdictions; assuring that traditional uses of the FFP loan program
are protected; and not limiting the new harvesting rights authority or
restricting lending to fisheries or borrowers outside of the fisheries
in the existing IFQ loan programs.
Adaptive Program Management--One commenter suggested that NOAA
should apply adaptive program management controls to allow lending in
excess of $59 million in years where demand for traditional loan uses
is high, and in years when historic usage is lower, NOAA could allow
lending in excess of the $41 million for harvesting rights.
Response--NOAA concurs, and is planning to institute such
flexibility.
FMC Comments on Harvesting Rights Loans--Two commenters supported
the provision allowing FMCs to provide input on the potential effects
of harvesting rights loans on fisheries under their jurisdiction. One
commenter suggested that while FMCs may have fisheries expertise, they
may not have similar financial expertise that would help them predict
potential effects of a loan program for fisheries under their
jurisdiction. The commenter suggested that NMFS provide additional
guidance as what constitutes an acceptable objection from a FMC that
would justify a veto of a new loan program in a particular fishery.
Response--First, to clarify for the commenter, the regulations give
FMCs an opportunity to comment but do not give them veto power. The
ultimate decision on any harvesting rights loan will be made by NMFS.
NMFS considered whether to attempt to provide additional guidance as to
what would constitute an acceptable objection from a FMC, but concluded
that additional guidance is not possible or necessary at this time.
Each FMP has its own goals and objectives, and each fishery has its own
unique scientific and financial circumstances, and therefore,
attempting to provide additional, practical general guidance for all
fisheries is not feasible. NMFS will carefully consider any input it
receives from a FMC as to why the FMC believes the availability of
financing for harvesting rights in a fishery would harm the achievement
of the goals and objectives of the FMP applicable to the fishery, and
NMFS will reach a reasoned decision after considering all of the
relevant information regarding the fishery.
Historical Loan Purposes--Two commenters encouraged NMFS to protect
the historical loan purposes in the implementation of the harvesting
[[Page 24230]]
rights rule, by reserving $59 million of loan authority for loans for
those historical purposes and using the current balance of $41 million
in loan authority for loans for harvesting rights. An additional
commenter similarly requested that the final rule not cause a
redistribution away from, or additional limitations on, lending for
historical uses in the Northwest Halibut/Sablefish Loan Program.
Response--NMFS generally agrees with these comments. As explained
in the proposed rule, Section 302 of the Coast Guard Authorization Act
of 2015 imposes no limitations on the extent of financing to be
provided by the FFP for the purchase of harvesting rights. However, it
does require that the Secretary make a minimum of $59 million available
each fiscal year for historical uses, as defined at 46 U.S.C. 53701(8).
46 U.S.C. 53702(b)(3). NMFS anticipates that the balance of annual
direct loan authority--currently $41 million--may be available to
finance or refinance the purchase of harvesting rights in federally
managed fisheries under a limited access system. This action will allow
NMFS to fully use the program's loan authority either for historical
purposes or for any authorized new purposes should it be determined
that demand or lack of demand in either area would result in unused
loan authority. The loan program currently operates on a ``first come,
first served'' basis. The loan projects that are proposed with complete
documentation and commitment fee earliest, are the first approved.
However, for the harvesting rights program, $41 million will be
reserved for harvesting rights loans until later in the lending year,
to facilitate the receipt and processing of harvesting rights
proposals. NMFS understands that early in the program's implementation
it may take more time to complete harvesting rights loan approvals, and
loan scheduling should support that. However, in keeping with the
direction in the Coast Guard Authorization Act of 2015, NMFS will
generally reserve $59 million for traditional loans until later in the
lending year, prior to obligating the funds to loans for harvesting
rights.
Limitations in IFQ Loan Programs--One comment letter noted that IFQ
loan programs contain certain restrictive provisions, relating to
entry-level and small vessel fishermen, that were not included in the
statute or proposed rule for the harvesting rights program, and
suggested that participants, specifically including crew, in these
existing IFQ loan fisheries (Northwest Halibut/Sablefish and Bering Sea
and Aleutian Islands Crab) be allowed to obtain loans under the
harvesting rights authority.
Response--NMFS agrees. We note that the Coast Guard Authorization
Act of 2015 does not establish ownership limitations or include the
same limitations that apply to the IFQ lending programs, and it places
no restriction on the application of this new authority to any
federally-managed limited access fisheries. Furthermore, Section 302 of
the Coast Guard Authorization Act of 2015 says the new lending
authority is ``[i]n addition to the other eligible purposes and uses of
direct loan obligations provided for in'' 46 U.S.C. Chapter 537, which
includes the authority for the IFQ lending programs in 46 U.S.C. 53706,
meaning the new authority is intended to operate in addition to the IFQ
lending authority. 46 U.S.C. 53702. Therefore, NMFS will consider
applications from all fishers and owners of harvesting rights,
including those who presently participate in the existing IFQ loan
fisheries or participate (or would participate except for certain
limitations) in the IFQ loan programs. As provided for in the new
regulations, NMFS will accept and consider any input the North Pacific
Fishery Management Council might have regarding the availability of the
new harvesting rights loans in the existing IFQ loan fisheries. The
existing IFQ loan fisheries (Northwest Halibut/Sablefish and Bering Sea
and Aleutian Islands Crab) programs will also continue as provided by
50 CFR 253.28 and 50 CFR 253.30, respectively.
Fostering smaller-scale and entry-level fishers--One commenter
urged NOAA to continue fostering the growth and success of smaller-
scale and entry-level fishing communities, as is the case under the
current IFQ loan programs, and to prioritize sustainable fish farmers
and wild-caught fishing communities when selecting beneficiaries of its
grants and aid programs.
Response--While this rule does not affect grant programs, NMFS will
continue to follow its statutory and regulatory obligations with
respect to the FFP, and will continue to provide loans to applicants
who meet all of the statutory and regulatory requirements of the FFP,
including loans for smaller-scale and entry-level fishers under the
current IFQ loan programs.
Harvesting Rights Lending
Lending for harvesting rights will follow existing FFP lending
procedures and guidelines. Borrowers must be U.S. citizens or entities
eligible to document a vessel for coastwise trade under 46 U.S.C.
50501, meet all general FFP requirements, and meet all requirements to
hold the harvesting rights under the applicable FMP at the time of loan
closing. The FFP may require additional lending conditions and security
terms such as loan guarantees or security interests in other collateral
to bring credit risk to acceptable levels. Affiliated businesses, the
borrower's principals or majority shareholders, persons or entities
with a financial interest in the borrower, or any individuals holding
community property rights may also be required to provide a guaranty.
In addition, all loan applicants are subject to background and
credit investigations, which may include, but are not limited to,
reviews for unresolved fishing violations, criminal background checks,
delinquent debt investigations, and credit reports. Like other FFP loan
programs, lending for harvesting rights is subject to a statutory loan
limit of up to 80 percent of the actual cost of the transaction, set as
the purchase price or, in the case of refinancing, the current market
value. The FFP retains sole discretion to determine the transaction's
actual cost or current market value.
Harvesting rights loan amounts can carry up to a 25-year term and
can be used to either purchase new rights or refinance the debt
associated with the prior purchase(s) of harvesting rights. In addition
to maintaining a 20 percent minimum equity stake, borrowers refinancing
existing debt will only receive the lesser of the outstanding amount of
debt to be refinanced or 80 percent of the current market value of the
harvesting right.
If a borrower seeking refinancing fails to have the requisite 20
percent equity stake (measured as the difference between the current
market value of the primary collateral and the amount of the loan),
that borrower will need to pay down debt to meet the required level. In
addition, under FFP standards, borrowers are only eligible for
refinancing if their initial purchase would have been eligible for
financing. The program will refinance harvesting rights acquired prior
to this regulation if the buyer's original purchase would have been
eligible for FFP financing under the terms of this action.
Prospective borrowers may apply for a loan through any of the NOAA
Fisheries Service regional FFP offices (St. Petersburg, FL; Gloucester,
MA; Seattle, WA). They must pay the appropriate application fee, set by
46 U.S.C. 53713(b) as one-half of one percent of the loan amount
requested, which is made up of two parts. Half is the ``filing fee,''
and is nonrefundable
[[Page 24231]]
when the FFP officially accepts the application. The other half, known
as the ``commitment fee,'' becomes nonrefundable when the FFP executes
and mails an Approval-in-Principle (AIP) letter to the applicant. The
FFP may refund the commitment fee if the FFP declines the application
or the application is withdrawn prior to the issuance of an AIP letter.
Summary and Explanation of Regulatory Changes
NMFS did not make any changes from the proposed to final
regulations in response to public comments. This action adds the
following section, as explained here.
Harvesting Rights Loans (253.31)
This new section provides regulatory provisions specific to the
harvesting rights loans. At the time a borrower submits an application,
he or she must satisfy the criteria listed in this new section in order
to be eligible to receive financing under the program. The borrower
must comply with any limitations on the quantity of harvesting rights
that may be owned by one holder, as specified in the applicable FMP and
implementing regulations. The FFP will not finance harvesting rights in
excess of FMP-imposed ownership limitations. However, the FFP may
finance harvesting rights in the existing IFQ loan program fisheries in
excess of the ownership limitations in the current IFQ loan program
regulations, though the FFP would accept comments on that from the
applicable FMC, if the FMC chooses to comment.
Classification
This final rule is published under the authority of, and is
consistent with, Chapter 537 of Title 46 of the United States Code and
the Magnuson-Stevens Act, as amended. The NMFS Assistant Administrator
has determined that this final rule is consistent with Chapter 537 of
Title 46 of the U.S. Code, the Magnuson-Stevens Act, as amended, and
other applicable law.
NEPA
NMFS has determined that this rule qualifies to be categorically
excluded from further NEPA review. This action is consistent with
categories of activities identified in CE G7 of the Companion Manual
for NOAA Administrative Order 216-6A, and we have not identified any
extraordinary circumstances that would preclude this categorical
exclusion.
Executive Order 12866
This final rule has been determined to be not significant for
purposes of Executive Order 12866.
This final rule does not duplicate, overlap, or conflict with any
other relevant Federal rules.
Paperwork Reduction Act
Notwithstanding any other provision of the law, no person is
required to respond to, and no person shall be subject to penalty for
failure to comply with, a collection of information subject to the
requirements of the PRA, unless that collection of information displays
a currently valid OMB Control Number.
This final rule contains collections-of-information subject to the
PRA, which have been approved by OMB under control number 0648-0012.
The application requirements contained in these rules have been
approved under OMB control number 0648-0012. Public reporting burden
for placing an application for FFP financing is estimated to average
eight hours per response, including the time for reviewing
instructions, searching existing data sources, gathering and
maintaining the data needed, and completing and reviewing the
collection of information. No comments were received regarding the
paperwork aspects of this rule.
Regulatory Flexibility Act
The Chief Counsel for Regulation of the Department of Commerce has
certified to the Chief Counsel for Advocacy of the Small Business
Administration (SBA) that this rule will not have a significant
economic impact on a substantial number of small entities.
The Regulatory Flexibility Act (RFA), 5 U.S.C. 601, et seq.,
requires that, whenever an agency is required by 5 U.S.C. 553, or any
other law, to publish general notice of proposed rulemaking for any
proposed rule, or publishes a notice of proposed rulemaking for an
interpretative rule involving the internal revenue laws of the United
States, the agency shall prepare and make available for public comment
an initial regulatory flexibility analysis. Such analysis shall
describe the impact of the proposed rule on small entities. 5 U.S.C.
603(a). However, where an agency can certify ``that the rule will not,
if promulgated, have a significant economic impact on a substantial
number of small entities'' then an agency need not undertake a full
regulatory flexibility analysis. 5 U.S.C. 605(b).
Participation in the FFP is entirely voluntary. This action imposes
no mandatory requirements on any business. This rule will implement
programs authorized by law. Specifically, the rule enacts regulatory
additions to create a new lending purpose authorized by Section 302 of
the Coast Guard Authorization Act of 2015 (Pub. L. 114-120) and will be
implemented in accordance with 50 CFR part 253, subpart B. This action
creates new Sec. 253.31.
As defined by NMFS for RFA purposes, this rule may affect small
fishing entities that have annual revenues of $11.0 million or less,
including, but not limited to, vessel owners, vessel operators,
individual fishermen, small corporations, and others engaged in
commercial fishing activities regulated by NOAA. Borrowers under this
authority may also include large businesses. Notably, because the FFP
is a voluntary program that provides loans to qualified borrowers, non-
borrowers--large or small--would not be regulated by this rule.
Although the FFP requires certain supporting documentation during
the life of a loan, the requirements do not impose unusual burdens when
compared to the burdens imposed by other lenders. Moreover, because the
basic need for financing would continue to exist without the FFP, the
individuals seeking financing would still need to comply with similar,
if not identical, requirements imposed by another lender. Records
required to participate in the FFP are usually within the normal
records already maintained by fishermen. It should take fewer than
eight hours per application to meet these requirements.
The information required from borrowers, such as income tax
returns, insurance policies, permits, licenses, etc., is already
available to them. Depending on circumstances, the FFP may require
other supporting documents, including financial statements, property
descriptions, and other documents that can be acquired at reasonable
cost if they are not already available.
FFP lending is a source of long-term, fixed rate capital financing
and imposes no regulatory requirements on anyone other than those
applying for loans. FFP borrowers make a voluntary decision to use the
available lending.
These loan programs will only have positive impacts on borrowers.
Because participation is voluntary and requires effort and the outlay
of an application fee, borrowers for harvesting rights financing are
assumed to have made a determination that using FFP financing provides
a benefit, such that the FFP's
[[Page 24232]]
long-term, fixed rate financing provides only a positive economic
impact. Importantly, the FFP does not regulate or manage the affairs of
its borrowers, and the regulations impose no additional compliance,
operating or other fees or costs on small entities other than a
financing relationship would require.
As a result of this certification, an initial regulatory
flexibility analysis is not required and none has been prepared.
List of Subjects in 50 CFR Part 253
Aquaculture, Community development groups, Direct lending,
Financial assistance, Fisheries, Fishing, Individual fishing quota,
Harvesting rights (privileges).
Dated: May 21, 2018.
Samuel D. Rauch III,
Deputy Assistant Administrator for Regulatory Programs, National Marine
Fisheries Service.
For the reasons set forth in the preamble, NMFS amends 50 CFR part
253, subpart B, as follows:
PART 253--FISHERIES ASSISTANCE PROGRAMS
0
1. The authority citation for part 253 continues to read as follows:
Authority: 46 U.S.C. 53701 and 16 U.S.C. 4101 et seq.
Subpart B--Fisheries Finance Program
0
2. Section 253.31 is added to read as follows:
Sec. 253.31 Harvesting rights loans.
(a) Specific definitions. For the purposes of this section, the
following definitions apply:
(1) Harvesting right(s) means any privilege to harvest fish in a
fishery that is federally managed under a limited access system.
(2) Limited access system has the same meaning given to that term
in section 3 of the Magnuson-Stevens Fishery Conservation and
Management Act (16 U.S.C. 1802).
(b) Loan requirements and limitations. These loan requirements and
limitations apply to individuals or entities who seek to finance or
refinance the acquisition of harvesting rights.
(1) The borrower must meet all regulatory and statutory
requirements to hold the harvesting rights at the time any such loan or
refinancing loan would close.
(2) NMFS will accept and consider the input of a Regional Fishery
Management Council at any time regarding the availability of loans in a
fishery under the Council's authority.
(i) The Council may submit an explanation to NMFS, in writing, as
to why the availability of financing for harvesting rights in a fishery
would harm the achievement of the goals and objectives of the Fishery
Management Plan applicable to the fishery. If NMFS accepts the
Council's reasoning, harvesting rights loans will not be provided, or
will cease to be provided, in that fishery.
(ii) If NMFS determines that harvesting rights loans will not be
provided in a fishery, NMFS will publish a notice in the Federal
Register notifying the public that new loans will not be made in that
fishery.
(iii) In such a scenario, pending applications will be returned and
loan fees returned as exceptional circumstances justify the action.
(3) The harvesting rights to be financed must be issued in a manner
in which they can be individually identified such that a valid and
specific security interest can be recorded. This determination shall be
solely made by the Program.
(c) Refinancing. (1) The Program may refinance any existing debts
associated with harvesting rights a borrower currently holds, provided
that:
(i) The harvesting rights being refinanced would have been eligible
for Program financing at the time the borrower purchased them, if
Program financing had been available;
(ii) The borrower meets all other applicable lending requirements;
and
(iii) The refinancing is in an amount up to 80 percent of the
harvesting rights' current market value, as determined at the sole
discretion of the Program, and subject to the limitation that the
Program will not disburse any amount that exceeds the outstanding
principal balance, plus accrued interest (if any), of the existing
harvesting rights' debt being refinanced or its fair market value,
whichever is less.
(2) In the event that the current market value of harvesting rights
and principal loan balance do not meet the 80 percent requirement in
paragraph (c)(1)(iii) of this section, borrowers seeking refinancing
may be required to provide additional down payment.
(d) Maturity. Loan maturity may not exceed 25 years, but may be
shorter depending on credit and other considerations.
(e) Repayment. Repayment will be by equal quarterly installments of
principal and interest.
(f) Security. Although harvesting right(s) will be the primary
collateral for a loan, the Program may require additional security
pledges to maintain the priority of the Program's security interest.
The Program, at its option, may also require all parties with
significant ownership interests to personally guarantee loan repayment
for any borrower that is a corporation, partnership, or other entity,
including collateral to secure the guarantees. Some projects may
require additional security, collateral, or credit enhancement as
determined, in the sole discretion, by the Program.
(g) Program credit standards. Harvesting rights loans, regardless
of purpose, are subject to all Program general credit standards and
requirements. Collateral, guarantee and other requirements may be
adjusted to individual credit risks.
[FR Doc. 2018-11207 Filed 5-24-18; 8:45 am]
BILLING CODE 3510-22-P