7 CFR § 1786.200 - Purpose.

---
identifier: "/us/cfr/t7/s1786.200"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "7 CFR § 1786.200 - Purpose."
title_number: 7
title_name: "Agriculture"
section_number: "1786.200"
section_name: "Purpose."
chapter_name: "RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE"
part_number: "1786"
part_name: "PREPAYMENT OF RUS GUARANTEED AND INSURED LOANS TO ELECTRIC AND TELEPHONE BORROWERS"
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. 901-950b; Title I, subtitle B, Pub. L. 99-509; Pub. L. 101-624, 104 Stat. 4051; Pub. L. 103-354, 108 Stat. 3178, (7 U.S.C. 6941 ), unless otherwise noted."
regulatory_source: "55 FR 1145, Jan. 11, 1990, unless otherwise noted."
cfr_part: "1786"
---


# 1786.200 Purpose.

This subpart sets forth the policies and procedures of RUS through the existing FFB program, whereby borrowers may prepay and refinance, outstanding FFB Notes evidencing electric or telephone loans with FFB, pursuant to the provisions of section 306(C) of the RE Act as added by Public Law 103-66, 107 Stat. 312, enacted August 10, 1993.