7 CFR § 4279.280 - Changes in Borrowers.

---
identifier: "/us/cfr/t7/s4279.280"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 4279.280 - Changes in Borrowers."
title_number: 7
title_name: "Agriculture"
section_number: "4279.280"
section_name: "Changes in Borrowers."
chapter_name: "RURAL BUSINESS-COOPERATIVE SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "4279"
part_name: "GUARANTEED LOANMAKING"
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; 7 U.S.C. 1989: 7 U.S.C. 1932(a); and Public Law 116-136, Division B, Title I."
regulatory_source: "61 FR 67633, Dec. 23, 1996, unless otherwise noted."
cfr_part: "4279"
---


# 4279.280 Changes in Borrowers.

Any changes in Borrower ownership or organization prior to the issuance of the Loan Note Guarantee must meet the eligibility requirements of the Program and be approved by the Agency.