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USDA/FSA RIN: 0560-AH55 Publication ID: Fall 2008 
Title: Guaranteed Loans--Interest To Be Paid on Loss Claims 
Abstract: This rule proposes to allow a maximum of 210 days of interest to accrue from the payment due date with only one exception--FSA’s failure to approve or reject the claim within 40 days of receipt. Also, the actions expected of lenders and FSA staff will be emphasized. Lenders are expected to file estimated or final loss claims on all accounts in a timely manner. Depending on the circumstances, the estimated loss claim could be for zero dollars. FSA staff will be reminded to monitor their estimated loss claims closer to avoid extra interest days. 
Agency: Department of Agriculture(USDA)  Priority: Substantive, Nonsignificant 
RIN Status: Previously published in the Unified Agenda Agenda Stage of Rulemaking: Completed Actions 
Major: No  Unfunded Mandates: No 
CFR Citation: 7 CFR 762   
Legal Authority: 7 USC 1989 et seq   
Legal Deadline:  None
Timetable:
Action Date FR Cite
NPRM  03/27/2007  72 FR 14244   
NPRM Comment Period End  05/29/2007    
Final Rule  06/10/2008  73 FR 32635   
Regulatory Flexibility Analysis Required: No  Government Levels Affected: None 
Small Entities Affected: No  Federalism: No 
Included in the Regulatory Plan: No 
RIN Data Printed in the FR: No 
Agency Contact:
Deirdre Holder
Branch Chief, Regulatory Analysis and PRA Requirements Branch
Department of Agriculture
Farm Production and Conservation Business Center, 1400 Independence Avenue SW,
Washington, DC 20250-0572
Phone:202 205-5851
Email: deirdre.holder@usda.gov