7 CFR § 1434.14 - Loss or damage.

---
identifier: "/us/cfr/t7/s1434.14"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1434.14 - Loss or damage."
title_number: 7
title_name: "Agriculture"
section_number: "1434.14"
section_name: "Loss or damage."
chapter_name: "COMMODITY CREDIT CORPORATION, DEPARTMENT OF AGRICULTURE"
subchapter_number: "B"
subchapter_name: "LOANS, PURCHASES, AND OTHER OPERATIONS"
part_number: "1434"
part_name: "NONRECOURSE MARKETING ASSISTANCE LOANS AND LOAN DEFICIENCY PAYMENTS FOR HONEY"
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. 7231-7237, 7931-7936, and 9031-40; and 15 U.S.C. 714b and c."
regulatory_source: "66 FR 15177, Mar. 15, 2001, unless otherwise noted."
cfr_part: "1434"
---


# 1434.14 Loss or damage.

The producer is responsible for any loss in quantity or quality of the honey pledged as collateral for a loan. CCC will not assume any loss in quantity or quality of the loan collateral.

[66 FR 15177, Mar. 15, 2001, as amended at 80 FR 141, Jan. 2, 2015]