42-U.S.C.-291J-5

42-U.S.C.-291J-5

§291J-5 – §291J-5. Limitation On Amounts of Loans Guaranteed Or Directly Made

Pathway

Title 42 > Chapter 6A > Subchapter IV > Part B > Section 291j-5

Details

  • Reference: Section 291j-5
  • Legend: §291J-5 – §291J-5. Limitation On Amounts of Loans Guaranteed Or Directly Made
  • USCode Year: 2011

Provision Content

The cumulative total of the principal of the loans outstanding at any time with respect to which guarantees have been issued, or which have been directly made, under this part may not exceed the lesser of—

(1) such limitations as may be specified in appropriations Acts, or

(2) in the case of loans covered by allotments for the fiscal year ending June 30, 1971, $500,000,000; for the fiscal year ending June 30, 1972, $1,000,000,000; and for each of the fiscal years ending June 30, 1973, and June 30, 1974, $1,500,000,000.

(July 1, 1944, ch. 373, title VI, §625, as added Pub. L. 91–296, title II, §201, June 30, 1970, 84 Stat. 347; amended Pub. L. 93–45, title I, §108(b)(2), June 18, 1973, 87 Stat. 93.)

Amendments

1973—Pub. L. 93–45 provided for a limitation of $1,500,000,000 on amount of loans outstanding in the case of loans covered by allotments for fiscal year ending June 30, 1974.

U.S. Encyclopedia of Law Coverage

42-U.S.C.-291J-1 in the Legal Encyclopedia: Public Health

In this entry about 42-U.S.C.-291J-1, find legal reference material, bibliographies and premiere content related to public health in the American Encyclopedia of Law, presenting a comprehensive view of the United States public health-specific issues, written by authorities in the field.

42-U.S.C.-291J-4 in the Legal Encyclopedia: Public Health Service

In this entry about 42-U.S.C.-291J-4, find legal reference material, bibliographies and premiere content related to public health service in the American Encyclopedia of Law, presenting a comprehensive view of the United States public health service-specific issues, written by authorities in the field.

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