30-U.S.C.-1512

30-U.S.C.-1512

§1512 – Loan Size Limitation

Pathway

Title 30 > Chapter 27 > Subchapter I > Section 1512

Details

  • Reference: Section 1512
  • Legend: §1512 – Loan Size Limitation
  • USCode Year: 2013

Provision Content

The amount of any loan made under section 1511(a) of this title with respect to a project described in that section shall not exceed 50 percent of the cost of such project; except that if the loan is made to a person proposing to make application of the resources of the reservoir involved primarily for space heating or cooling or process heat for one or more structures or facilities then existing or under construction, the loan may be in any amount up to 90 per centum of such cost. In any event no loan shall be made in an amount in excess of $3,000,000.

(Pub. L. 96–294, title VI, §612, June 30, 1980, 94 Stat. 764.)

U.S. Encyclopedia of Law Coverage

30-U.S.C.-1470 in the Legal Encyclopedia: Mining

In this entry about 30-U.S.C.-1470, find legal reference material, bibliographies and premiere content related to mining in the American Encyclopedia of Law, presenting a comprehensive view of the United States mining-specific issues, written by authorities in the field.

30-U.S.C.-1143 in the Legal Encyclopedia: Loans

In this entry about 30-U.S.C.-1143, find legal reference material, bibliographies and premiere content related to loans in the American Encyclopedia of Law, presenting a comprehensive view of the United States loans-specific issues, written by authorities in the field.

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