7 CFR § 770.8 - Use of acquired land.
---
identifier: "/us/cfr/t7/s770.8"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 770.8 - Use of acquired land."
title_number: 7
title_name: "Agriculture"
section_number: "770.8"
section_name: "Use of acquired land."
chapter_name: "FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE"
subchapter_number: "D"
subchapter_name: "SPECIAL PROGRAMS"
part_number: "770"
part_name: "INDIAN TRIBAL LAND ACQUISITION LOANS"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301 and 25 U.S.C. 5136."
regulatory_source: "66 FR 1567, Jan. 9, 2001, unless otherwise noted."
cfr_part: "770"
---
# 770.8 Use of acquired land.
(a) *General.* Subject to § 770.5(d) land acquired with loan funds, or other property serving as the security for a loan under this part, may be leased, sold, exchanged, or subject to a subordination of the Agency's interests, provided:
(1) The Agency provides prior written approval of the action;
(2) The Agency determines that the borrower's loan obligations to the Agency are adequately secured; and
(3) The borrower's ability to repay the loan is not impaired.
(b) *Title.* Title to land acquired with a loan made under this part may, with the approval of the Secretary of the Interior, be taken by the United States in trust for the tribe or tribal corporation.