7-U.S.C.-940

7-U.S.C.-940

§940 – Refinancing of Rural Development Loans

Pathway

Title 7 > Chapter 31 > Subchapter III > Section 940

Details

  • Reference: Section 940
  • Legend: §940 – Refinancing of Rural Development Loans
  • USCode Year: 2013

Provision Content

At the request of the borrower, the Secretary is authorized and directed to refinance with loans which will be insured under this chapter at the interest rates provided in section 935 of this title any loans made for rural electric and telephone facilities under any provision of the Consolidated Farm and Rural Development Act [7 U.S.C. 1921 et seq.].

(May 20, 1936, ch. 432, title III, §310, as added Pub. L. 93–32, §2, May 11, 1973, 87 Stat. 70; amended Pub. L. 103–354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221.)

References in Text

The Consolidated Farm and Rural Development Act, referred to in text, is title III of Pub. L. 87–128, Aug. 8, 1961, 75 Stat. 307, as amended, which is classified principally to chapter 50 (§1921 et seq.) of this title. For complete classification of the Act to the Code, see Short Title note set out under section 1921 of this title and Tables.

Amendments

1994—Pub. L. 103–354 substituted Secretary” for Administrator”.

Effective Date

Section effective May 11, 1973, see section 12 of Pub. L. 93–32, set out as a note under section 930 of this title.

U.S. Encyclopedia of Law Coverage

7-U.S.C.-936A in the Legal Encyclopedia: Agriculture

In this entry about 7-U.S.C.-936A, find legal reference material, bibliographies and premiere content related to agriculture in the American Encyclopedia of Law, presenting a comprehensive view of the United States agriculture-specific issues, written by authorities in the field.

7-U.S.C.-926 in the Legal Encyclopedia: Telecommunications

In this entry about 7-U.S.C.-926, find legal reference material, bibliographies and premiere content related to telecommunications in the American Encyclopedia of Law, presenting a comprehensive view of the United States telecommunications-specific issues, written by authorities in the field.

7-U.S.C.-936B in the Legal Encyclopedia: Rural

In this entry about 7-U.S.C.-936B, find legal reference material, bibliographies and premiere content related to rural in the American Encyclopedia of Law, presenting a comprehensive view of the United States rural-specific issues, written by authorities in the field.

7-U.S.C.-931A in the Legal Encyclopedia: Loans

In this entry about 7-U.S.C.-931A, 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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