7-U.S.C.-940B

§940B – Use of Funds

Pathway

Title 7 > Chapter 31 > Subchapter III > Section 940b

Details

• Reference: Section 940b
• Legend: §940B – Use of Funds
• USCode Year: 2013

Provision Content

A borrower of an insured or guaranteed electric loan under this chapter may, without restriction or prior approval of the Secretary, invest its own funds or make loans or guarantees, not in excess of 15 percent of its total utility plant.

(May 20, 1936, ch. 432, title III, §312, as added Pub. L. 100–203, title I, §1402, Dec. 22, 1987, 101 Stat. 1330–21; amended Pub. L. 103–354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221.)

Amendments

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

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

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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.

Topic Map

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