7 CFR § 1717.610 - RUS approval of compensation of the board of directors.

---
identifier: "/us/cfr/t7/s1717.610"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1717.610 - RUS approval of compensation of the board of directors."
title_number: 7
title_name: "Agriculture"
section_number: "1717.610"
section_name: "RUS approval of compensation of the board of directors."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1717"
part_name: "POST-LOAN POLICIES AND PROCEDURES COMMON TO INSURED AND GUARANTEED ELECTRIC LOANS"
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. 901  1921  6941"
regulatory_source: "55 FR 38646, Sept. 19, 1990, unless otherwise noted."
cfr_part: "1717"
---


# 1717.610 RUS approval of compensation of the board of directors.

If a borrower's mortgage or loan contract requires the borrower to obtain approval from RUS for compensation provided to members of the borrower's board of directors, such requirement is hereby waived.