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7 CFR § 1412.61 - Contract violations.

---
identifier: "/us/cfr/t7/s1412.61"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1412.61 - Contract violations."
title_number: 7
title_name: "Agriculture"
section_number: "1412.61"
section_name: "Contract violations."
chapter_name: "COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE"
subchapter_number: "B"
subchapter_name: "LOANS, PURCHASES, AND OTHER OPERATIONS"
part_number: "1412"
part_name: "AGRICULTURE RISK COVERAGE AND PRICE LOSS COVERAGE"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "7 U.S.C. 1508b, 7911-7912, 7916, 8702, 8711-8712, 8751-8752, 9011-9018, and 15 U.S.C. 714b and 714c."
regulatory_source: "79 FR 46339, Aug. 8, 2014, unless otherwise noted."
cfr_part: "1412"
---

# 1412.61 Contract violations.

Violations of contract or application requirements will result in the termination or cancellation of the ARC or PLC contract. Upon such termination or cancellation, all producers that signed the contract or application forfeit all rights to receive payments for the ARC or PLC contract and are required to refund all payments received, plus interest as specified in § 1412.1(d) of this part, as determined in accordance with part 3 of this title.

[79 FR 46339, Aug. 8, 2014, as amended at 83 FR 40659, Aug. 16, 2018; 91 FR 1057, Jan. 12, 2026]