Transfer of allotments. (1) The Agency will not approve any crop allot- ment lease that will adversely affect its security interest. (2) The sale of an allotment must comply with all conditions of this sub- part. (3) The borrower may transfer crop allotments to another farm owned or controlled by the borrower. Such trans- fer will be treated as a lease under § 765.252.
Appears in 6 contracts
Sources: Training Agreement, Training Agreement, Farm Service Agency Loan Agreement