7 CFR § 4290.845 - Maximum rate of amortization on Loans and Debt Securities.
---
identifier: "/us/cfr/t7/s4290.845"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 4290.845 - Maximum rate of amortization on Loans and Debt Securities."
title_number: 7
title_name: "Agriculture"
section_number: "4290.845"
section_name: "Maximum rate of amortization on Loans and Debt Securities."
chapter_name: "RURAL BUSINESS-COOPERATIVE SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "4290"
part_name: "RURAL BUSINESS INVESTMENT COMPANY (“RBIC”) PROGRAM"
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. 1989 and 2009cc"
regulatory_source: "69 FR 32204, June 8, 2004, unless otherwise noted."
cfr_part: "4290"
---
# 4290.845 Maximum rate of amortization on Loans and Debt Securities.
The principal of any Loan, or the loan portion of any Debt Security, with a term of one year or less, cannot be amortized faster than straight line. If the term is greater than one year, the principal cannot be amortized faster than straight line for the first year.