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Can a financing agency place a lien on a bus that has been partially financed with federal funds?

April 26, 2017agency bus Federal financed financing funds lien

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Can a financing agency place a lien on a bus that has been partially financed with federal funds?

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A. The fact that a bus was acquired partially with Federal funds would not bar a financing agency from placing a lien on the bus. FTA does not take an ownership interest in its federally assisted property.