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§ 260.49 Avoiding defaults.

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Title 49 CFR: Transportation › Chapter II: FEDERAL RAILROAD ADMINISTRATION, DEPARTMENT OF TRANSPORTATION › Part 260: REGULATIONS GOVERNING LOANS AND LOAN GUARANTEES UNDER THE RAILROAD REHABILITATION AND IMPROVEMENT FINANCING PROGRAM › Subpart E: Procedures To Be Followed in the Event of Default › § 260.49: § 260.49 Avoiding defaults.

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Borrowers are encouraged to contact the Administrator prior to the occurrence of an event of default to explore possible avenues for avoiding such an occurrence.

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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