CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER XVII—RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE (parts 1700 to 1794) > PART 1786—PREPAYMENT OF RUS GUARANTEED AND INSURED LOANS TO ELECTRIC AND TELEPHONE BORROWERS > SUBPART G—Refinancing and Prepayment of RUS Guaranteed FFB Loans Pursuant to Section 306(C) of the RE Act (§1786.200 to §1786.210) > 1786.204—Limitations.

1786.204—Limitations.

(a) No more than three refinancing notes will be executed for any borrower per calendar year.
(b) The borrower may not select a term for the refinanced advance that ends after the maturity date set for that advance.