38-U.S.C.-3746

§3746 – Maturity of Loans

Pathway

Title 38 > Part III > Chapter 37 > Subchapter IV > Section 3746

Details

• Reference: Section 3746
• Legend: §3746 – Maturity of Loans
• USCode Year: 2013

Provision Content

The maturity of a loan made or guaranteed under this subchapter that is used in whole or in part for the construction, conversion, or expansion of facilities or for acquisition of real property may not exceed twenty years plus such additional reasonable time as the Secretary may determine, at the time the loan is made, is required to complete the construction, acquisition, or expansion of such facilities. The maturity of any other loan made or guaranteed under this subchapter may not exceed ten years.

(Added Pub. L. 97–72, title III, §302(a), Nov. 3, 1981, 95 Stat. 1058, §1846; amended Pub. L. 101–237, title III, §313(b)(1), Dec. 18, 1989, 103 Stat. 2077; renumbered §3746, Pub. L. 102–83, §5(a), Aug. 6, 1991, 105 Stat. 406.)

Amendments

1991—Pub. L. 102–83 renumbered section 1846 of this title as this section.

1989—Pub. L. 101–237 substituted Secretary for Administrator.

U.S. Encyclopedia of Law Coverage

Subchapter IV – Small Business Loans in the Legal Encyclopedia: Veterans

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38-U.S.C.-3731 in the Legal Encyclopedia: Readjustment

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38-U.S.C.-3713 in the Legal Encyclopedia: Loans

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38-U.S.C.-3708 in the Legal Encyclopedia: Business

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