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1942.122—Actions prior to loan closing and start of construction.

(a) Excess FmHA or its successor agency under Public Law 103-354 loan funds. Loans under this subpart are subject to the provisions of § 1942.17 (n)(1) of subpart A of this part 1942.
(b) Loan resolutions. Loans under this subpart are subject to the provisions of § 1942.17 (n)(2) of subpart A of this part 1942.
(c) Interim financing. Loans under this subpart are subject to the provisions of § 1942.17 (n)(3) of subpart A of this part 1942.
(d) Applicant contribution. Loans under this subpart are subject to the provisions of § 1942.17 (n)(5) of subpart A of this part 1942 this chapter.
(e) Evidence of and disbursement of other funds. Loans under this subpart are subject to the provisions of § 1942.17 (n)(6) of subpart A of this part 1942.
(f) Assurance agreement. All applicants must execute Form FmHA or its successor agency under Public Law 103-354 400-4, “Assurance Agreement,” at or before loan closing.
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