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e-CFR Data is current as of November 19, 2009

Title 49: 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

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§ 260.49   Avoiding defaults.

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.

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