federal_register: 03-27046

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
03-27046 Loan Payments and Collections Rule The Agencies are revising their internal loan payment and collections regulations to replace the current regulations. This action is necessary since existing regulations are obsolete and do not accurately reflect the current payment and collections methodologies employed by the Agencies. The intended effect is to simplify and update the regulations; update internal control procedures for safeguarding collections; remove references to the Concentration Banking System (CBS) procedures which were eliminated in November 1997; and to add procedures for new electronic payment methods that are currently in use by the Agencies (Preauthorized Debits, FedWire, Customer Initiated Payments, etc.). These amended regulations are to ensure the Agencies' field offices have current guidance on the payment and collection methods available and how to use them. 2003-10-28 2003 10 https://www.federalregister.gov/documents/2003/10/28/03-27046/loan-payments-and-collections https://www.govinfo.gov/content/pkg/FR-2003-10-28/pdf/03-27046.pdf Agriculture Department; Rural Housing Service; Rural Business-Cooperative Service; Rural Utilities Service; Farm Service Agency 12,458,456,460,157 The Agencies are revising their internal loan payment and collections regulations to replace the current regulations. This action is necessary since existing regulations are obsolete and do not accurately reflect the current payment and collections...  

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