# 49 C.F.R. § 260.49 (2026): Avoiding defaults

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/CFR_T49_P260_S260_49

## Section

- **Citation:** 49 C.F.R. § 260.49 (2026)
- **Heading:** Avoiding defaults
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** 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.

## 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.

## Nearby sections

- [49 C.F.R. § 260.45 (2026) § 260.45   Events of default for guaranteed loans.](https://www.frixlaw.com/law-library/statutes/CFR_T49_P260_S260_45.md)
- [49 C.F.R. § 260.47 (2026) § 260.47   Events of default for direct loans.](https://www.frixlaw.com/law-library/statutes/CFR_T49_P260_S260_47.md)
- [49 C.F.R. § 260.49 (2026) § 260.49   Avoiding defaults.](https://www.frixlaw.com/law-library/statutes/CFR_T49_P260_S260_49.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/CFR_T49_P260_S260_49. Check the current official text before relying on it. Not legal advice.