Subpart B-Functions and Procedures § 400.21 Loans pursuant to section 4 of Rural Electrification Act-(a) General. These loans are made to finance the construction and operation of generating plants, electric transmission and distribution lines or systems. They must be amortized within a maximum of thirty-five years, must be found to be self-liquidating within the period of the loan, and must be reasonably secured in the judgment of the Administrator. They bear interest at two per centum per annum. They may be made to persons, corporations, public bodies, and to cooperative, nonprofit, or limited dividend associations. (b) Applications. There is no prescribed or standard form of application for such loans. The Applications and Loans Division gives interested persons making inquiry specific advice as to their eligibility, the terms and conditions of the loans, the information that they should furnish and the further steps they should take to perfect application. The Applications and Loans Division receives and processes all loan applications. If the Administrator approves a loan proposal and makes an allocation of funds the applicant is immediately notified. Loan papers are then prepared for the signatures of the Administrator and the borrower. (c) Construction. Under the loan agreements, certain controls over construction by the borrower are exercised by the agency. These include approval of the consulting engineer selected and hired by the borrower, approval of the plans and specifications for the construction, approval of materials and equipment used, and approval of contracts with third parties for engineering services, for construction, and for purchase of materials, equipment and wholesale power. There is also provision for progress reports to the agency on construction, for inspection of construction by the agency and for audits of the borrower's records relating to construction. (d) Advance of loan funds. Loan funds are advanced on the basis of requisitions and public vouchers submitted by the borrowers. Borrowers may requisition up to ninety percent of the cost of construction prior to the completion of the project. The balance is withheld until construction has been finally approved. § 400.22 Loans pursuant to section 5 of Rural Electrification Act-(a) General. These loans are made to finance the wiring of the premises of persons in rural areas and the acquisition and installation of electrical and plumbing appliances and equipment. They bear interest at two per centum per annum. They may be made to any of the borrowers of funds under section 4 of the act or to any person, firm, or corporation supplying or installing the wiring, plumbing, or appliances. (b) Applications. There is no standard or prescribed form of application for this type of loan. The information submitted in support of an application should set forth the purposes for which the loan is requested and the amount required for each purpose. The Applications and Loans Division receives and processes all such applications. If the Administrator approves the loan proposal and makes an allocation of funds the applicant is immediately notified and loan documents are prepared for the signatures of the Administrator and the borrower. (c) Advances of loan funds. Loan funds are advanced on the basis of requisitions and public vouchers submitted by the borrower. Before any funds are advanced the borrower must satisfy the agency that the installations financed comply with minimum standards established by the agency. § 400.23 Studies, investigations and reports. Pursuant to section 2 of the act the agency may make, or cause to be made, studies, investigations, and reports concerning the condition and progress of the electrification of rural areas in the several States and territories and may publish and disseminate information with respect thereto. § 400.24 Assistance to borrowers. In carrying out the program of rural electrification provided for by the act, the agency provides specialized and technical assistance to borrowers in respect of their organization, the construction of their facilities, and the technical and managerial operation of their completed systems. Persons or associations seeking an initial loan from the Rural Electrification Administration for the construction of a rural power system, are assisted in perfecting their organization and in the conduct of their surveys and in the preparation of loan applications, by the Applications and Loans Division. Similar services are rendered when necessary to existing borrowers. The same Division furnishes assistance in the formulation of programs designed to enable consumers to obtain the maximum benefits of electric power. The Engineering Division assists borrowers in the solution of all types of technical engineering problems through a staff of field engineers and by correspondence. The Man agement Division, through its field representatives and by correspondence, furnishes borrowers with assistance on all types of general management problems. The Finance Division, through its field representatives and by correspondence, assists borrowers in their accounting problems, in training of accounting personnel, and keeps borrowers informed concerning their financial condition by periodic audits. TITLE 7-AGRICULTURE Subtitle A-Office of the Secretary of Agriculture... Subtitle B-Regulations of the Department of Agriculture: Chapter I-Production and Marketing Administration (Standards, In- Chapter III-Bureau of Entomology and Plant Quarantine.. Chapter IV-Production and Marketing Administration (Crop Insurance) Chapter VIII-Production and Marketing Administration (Sugar Branch). Part 1 26 301 400 600 701 801 900 Chapter X-Production and Marketing Administration (War Food Production Orders) Note Chapter XI-Production and Marketing Administration (War Food Dis- Note Chapter XII-Production and Marketing Administration (Fats and Oils Note Chapter XIV-Production and Marketing Administration (School Lunch 1800 2100 Subtitle C-Department Organizations and Functions [Added]: NOTE: Other regulations issued by the Department of Agriculture appear in Title 6, Title 9, Subtitle A-Office of the Secretary of Agriculture N. B.: Dates appearing in the citations of source of documents codified in this subtitle, such as dates of issuance, approval, or effectiveness, are obtained from the original document. For general statutory provisions governing effective dates, validity, and constructive notice see section 7 of the Federal Register Act (49 Stat. 502; 44 U.S.C. 307) and sections 3 and 4 of the Administrative Procedure Act (60 Stat. 238; 5 U.S.C., Sup., 1002, 1003). 8 Compensatory wage adjustment subsidy for slaughterers. [Added] ABBREVIATIONS: The following abbreviations are used in this chapter: App. Appendix, United States Code F.R. Federal Register Reg.(s) Regulation(s) Stat. Statutes at Large Sup. Supplement, United States Code NOTE: The following delegations of authority were made by the Secretary of Agriculture during the period covered by this Supplement. Delegation of authority to Director, Fruit and Vegetable Branch, Production and Marketing Delegation of authority to Administrator of Farm Security Administration to sell certain lands in Jefferson County, Oreg. Indefinite approval of certain actions taken by the Office of Price Administration. Postponement of effective date of transfers provided for by the Farmers' Home Administration Delegation of authority to Administrator of Production and Marketing Administration Delegation of authority to Office of Price Administration with respect to slaughter of livestock 1. Aug. 29 9612 Sept. 6 9923 Delegation of authority to Chief of Forest Service with respect to forest highways.. Consummation of transfers necessitated by Farmers' Home Administration Act of 1946, and provision for certain interim authorities. Delegation of authority to Administrator of the Farm Security Administration to convey mineral rights.? Delegation of authority to Office of Price Administration to ration sugar.......... ADJUSTMENTS IN MAXIMUM PRICES 7.100 Adjustments in maximum prices for hogs, cattle, and lambs. 7.101 Adjustments in maximum prices for gum turpentine. 7.102 Adjustments in maximum prices for dry edible beans. 7.103 Adjustments in maximum prices for flaxseed. 7.104 Adjustments in maximum prices for rice. 7.105 Adjustments in maximum prices for soybeans and crude cottonseed, soybean, peanut and corn oils. AUTHORITY: §§ 7.1 to 7.105, inclusive, issued under 56 Stat. 23, as amended by 60 Stat. 664; 50 U.S.C., App., Sup., 901 et seq. 'In case of doubt whether the war contract involved relates to activities of the Production and Marketing Administration, communications should be addressed to the Assistant Secretary. PETITIONS SOURCE: §§ 7.1 to 7.19, inclusive, contained in Regulations, Secretary of Agriculture, Aug. 23, 1946, 11 F.R. 9419, except as noted following provisions affected. § 7.1 Applicability of the regulations in this part. The regulations in this part prescribe the requirements governing the filing, handling, considering, granting, and denying of petitions to the Secretary of Agriculture for the removal of maximum prices. The regulations in this part are applicable only to petitions filed by industry advisory committees appointed by the Price Administrator pursuant to section 2 (a) of the act. Until after December 31, 1946, no petition may be filed with respect to the decontrol of an agricultural commodity on the ground that such commodity is not important in relation to business costs or living costs. Therefore, the requirements of § 7.5 are not applicable to such petitions, but in all other respects the regulations in this part shall govern the filing of such petitions. Section 7.5 will be amended in due time to include specific provisions with respect tc such petitions. Meanwhile, requests and recommendations for the decontrol of an agricultural commodity on the ground that such commodity is not important in relation to business costs or living costs may be submitted to the Secretary for his consideration by any interested person. § 7.2 General form and content of petitions. The petition shall specifically state the grounds on which the committee believes that decontrol action is required, and it shall be accompanied by affidavits or other written evidence in support thereof. It is necessary that the petition and accompanying documents set forth all of the evidence necessary to support the petition. The Secretary assumes no responsibility for supplementing petitions with further evidence and usually will consider only the facts set forth in the petition and supporting documents. Petitions and the affidavits and other written evidence in support thereof must meet the following requirements: (a) All affidavits and other written evidence in support of a petition must be attached to and by reference made a part of the petition. (b) All evidence by persons submitting statements of fact based upon their personal knowledge or derived from sources which are subject to their con |