# 7 CFR § 1955.12: Acquisition of property which served as security for a loan guarantee by Rural Development or at sale by another lienholder, bankruptcy trustee, or taxing authority

> Federal · Regulations · In force

URL: https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.12

## Section

- **Citation:** 7 CFR § 1955.12
- **Heading:** Acquisition of property which served as security for a loan guarantee by Rural Development or at sale by another lienholder, bankruptcy trustee, or taxing authority
- **Jurisdiction:** Federal
- **Kind:** Regulations
- **Status:** In force
- **Text as of:** September 22, 2026
- **Source:** Publisher's official text
- **Location:** Title 7—Agriculture > Subtitle B—Regulations of the Department of Agriculture > CHAPTER XVIII—RURAL HOUSING SERVICE, RURAL BUSINESS-COOPERATIVE SERVICE, AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE > SUBCHAPTER H—PROGRAM REGULATIONS > PART 1955—PROPERTY MANAGEMENT > Subpart A—Liquidation of Loans Secured by Real Estate and Acquisition of Real and Chattel Property

## Text

When the servicing regulations for the type of loan(s) involved permit Rural Development to acquire property by one of these methods, the acquisition will be reported in accordance with § 1955.18(a) of this subpart.

## Nearby sections

- [7 CFR § 1955.1 § 1955.1 Purpose.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.1.md)
- [7 CFR § 1955.2 § 1955.2 Policy.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.2.md)
- [7 CFR § 1955.3 § 1955.3 Definitions.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.3.md)
- [7 CFR § 1955.4 § 1955.4 Redelegation of authority.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.4.md)
- [7 CFR § 1955.5 § 1955.5 General actions.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.5.md)
- [7 CFR § 1955.9 § 1955.9 Requirements for voluntary conveyance of real property located within a federally recognized Indian reservation owned by a Native American borrower-owner.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.9.md)
- [7 CFR § 1955.10 § 1955.10 Voluntary conveyance of real property by the borrower to the Government.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.10.md)
- [7 CFR § 1955.11 § 1955.11 Conveyance of property to Rural Development by trustee in bankruptcy.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.11.md)
- [7 CFR § 1955.12 § 1955.12 Acquisition of property which served as security for a loan guarantee by Rural Development or at sale by another lienholder, bankruptcy trustee, or taxing authority.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.12.md)
- [7 CFR § 1955.13 § 1955.13 Acquisition of property by exercise of Government redemption rights.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.13.md)
- [7 CFR § 1955.15 § 1955.15 Foreclosure by the Government of loans secured by real estate.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.15.md)
- [7 CFR § 1955.18 § 1955.18 Actions required after acquisition of property.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.18.md)
- [7 CFR § 1955.20 § 1955.20 Acquisition of chattel property.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.20.md)
- [7 CFR § 1955.21 § 1955.21 Exception authority.](https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.21.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/ecfr-7-1955.12. Check the current official text before relying on it. Not legal advice.