7 CFR § 771.5 - Loan purposes.

---
identifier: "/us/cfr/t7/s771.5"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 771.5 - Loan purposes."
title_number: 7
title_name: "Agriculture"
section_number: "771.5"
section_name: "Loan purposes."
chapter_name: "FARM SERVICE AGENCY, DEPARTMENT OF AGRICULTURE"
subchapter_number: "D"
subchapter_name: "SPECIAL PROGRAMS"
part_number: "771"
part_name: "BOLL WEEVIL ERADICATION LOAN PROGRAM"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "5 U.S.C. 301; 7 U.S.C. 1989; and Pub. L. 104-180, 110 Stat. 1569."
regulatory_source: "67 FR 59771, Sept. 24, 2002, unless otherwise noted."
cfr_part: "771"
---


# 771.5 Loan purposes.

(a) Loan funds may be used for any purpose directly related to boll weevil eradication activities, including, but not limited to:

(1) Purchase or lease of supplies and equipment;

(2) Operating expenses, including but not limited to, travel and office operations;

(3) Salaries and benefits.

(b) Loan funds may not be used to pay expenses incurred for lobbying, public relations, or related activities, or to pay interest on loans from the Agency.