[Federal Register Volume 69, Number 68 (Thursday, April 8, 2004)]
[Rules and Regulations]
[Page 18471]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 04-7930]



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  Federal Register / Vol. 69, No. 68 / Thursday, April 8, 2004 / Rules 
and Regulations  

[[Page 18471]]



DEPARTMENT OF AGRICULTURE

Farm Service Agency

7 CFR Part 772

RIN 0560-AG67


Servicing Minor Program Loans

AGENCY: Farm Service Agency, USDA.

ACTION: Correcting amendment.

-----------------------------------------------------------------------

SUMMARY: This document corrects the final regulations published 
December 16, 2003 (68 FR 69948), which consolidated servicing 
regulations for the Minor Loan Programs currently administered by the 
Farm Service Agency. This amendment corrects an editorial mistake 
relating to a regulatory reference.

EFFECTIVE DATE: April 8, 2004.

FOR FURTHER INFORMATION CONTACT: Mel Thompson, Senior Loan Officer, 
Farm Service Agency; telephone: 202-720-7862; Facsimile: 202-690-1196; 
E-mail: [email protected]. Persons with disabilities who 
require alternative means for communication (Braille, large print, 
audio tape, etc.) should contact the USDA Target Center at (202) 720-
2600 (voice and TDD).

SUPPLEMENTARY INFORMATION: This document corrects final regulations 
that consolidated and clarified the servicing policies of the Farm 
Service Agency's Minor Loan Programs published in the Federal Register 
on December 16, 2003. Section 772.8(a)(1)(ii) as promulgated states, in 
part, ``The instrument of conveyance will contain the nondiscrimination 
covenants contained in 7 CFR 1951.204.'' This document removes the 
reference to the Rural Development regulation at 7 CFR 1951.204, and 
replaces it with the actual language from that regulation.

0
For the reason stated above, 7 CFR 772.8 is corrected by making the 
following amendment:

PART 772--[AMENDED]

0
1. The authority citation continues to read as follows:

    Authority: 5 U.S.C. 301, 7 U.S.C. 1989, 25 U.S.C. 490.

0
2. Revise paragraph 772.8(a)(1)(ii) to read as follows:


Sec.  772.8  Sale or exchange of security property.

    (a) * * *
    (1) * * *
    (ii) The sale will not prevent carrying out the original purpose of 
the loan. The borrower must execute an Assurance Agreement as 
prescribed by the Agency. The covenant involved will remain in effect 
as long as the property continues to be used for the same or similar 
purposes for which the loan was made. The instrument of conveyance will 
contain the following nondiscrimination covenant:

The property described herein was obtained or improved with Federal 
financial assistance and is subject to the non-discrimination 
provisions of title VI of the Civil Rights Act of 1964, title IX of 
the Education Amendments of 1972, section 504 of the Rehabilitation 
Act of 1973, and other similarly worded Federal statutes, and the 
regulations issued pursuant thereto that prohibit discrimination on 
the basis of race, color, national origin, handicap, religion, age, 
or sex in programs or activities receiving Federal financial 
assistance. Such provisions apply for as long as the property 
continues to be used for the same or similar purposes for which the 
Federal assistance was extended, or for so long as the purchaser 
owns it, whichever is later.

    Signed in Washington, DC, on March 31, 2004.
James R. Little,
Administrator, Farm Service Agency.
[FR Doc. 04-7930 Filed 4-7-04; 8:45 am]
BILLING CODE 3410-05-P