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§ 766.457 Canceling a DBSA agreement.

7 CFR 766.457

  1. CFR
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  3. Title 7
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  5. Subtitle B
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  7. Chapter VII
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  9. Part 766
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  11. Subpart J
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  13. 7 CFR 766.457
Citation7 CFR 766.457
CorpusDaily eCFR
Displayed edition2026-04-24
Last updated2026-04-24

§ 766.457 Canceling a DBSA agreement.

(a) The Agency will cancel a DBSA agreement if the Agency takes any PLS action on the loan.

(b) The Agency will cancel a DBSA agreement if the borrower pays the:

(1) Current market value buyout in accordance with § 766.113; or

(2) The set-aside installment.