CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER IV—FEDERAL CROP INSURANCE CORPORATION, DEPARTMENT OF AGRICULTURE (parts 400 to 458) > PART 400—GENERAL ADMINISTRATIVE REGULATIONS > SUBPART M—Agency Sales and Service Contract—Standards for Approval (§400.201 to §400.210) > 400.205—Denial or termination of contract and administrative reassignment of business.

400.205—Denial or termination of contract and administrative reassignment of business.

Non-compliance with these standards will result in:
(a) The denial of a Contract; or
(b) Termination of an existing Contract.
In the event of denial or termination of the Contract, all crop insurance policies of the Corporation sold by the Contractor and all business pertaining thereto may be assumed by the Corporation and may be administratively reassigned by the Corporation to another Contractor.