borrower-owner
Defined in 2 places of the United States Code.
As used in this paragraph, the term “borrower-owner” means—
(i) a borrower from whom the Secretary acquired real farm or ranch property (including the principal residence of the borrower) used to secure any loan made to the borrower under this chapter; or
(ii) in any case in which an owner of property pledged the property to secure the loan and the owner is different than the borrower, the owner.
Source
- 1995–present7 U.S.C. § 1985Agriculture · Security servicing · under this chapter
The term “borrower-owner” means—
(A) a borrower of a loan made or insured by the Secretary or the Administrator who meets the eligibility requirements of subsection (c)(1) of this section; or
(B) in any case in which an owner of homestead property pledged the property to secure the loan and the owner is different than the borrower, the owner.
Source
- 1995–20147 U.S.C. § 2000Agriculture · Homestead protection · as used in this section
The term “borrower-owner” means—
(A) a borrower of a loan made or insured by the Secretary or the Administrator who meets the eligibility requirements of subsection (c)(1); or
(B) in any case in which an owner of homestead property pledged the property to secure the loan and the owner is different than the borrower, the owner.
Source
- 2014–present7 U.S.C. § 2000Agriculture · Homestead protection · as used in this section