7-U.S.C.-930

§930 – Congressional Declaration of Policy

Pathway

Title 7 > Chapter 31 > Subchapter III > Section 930

Details

• Reference: Section 930
• Legend: §930 – Congressional Declaration of Policy
• USCode Year: 2013

Provision Content

It is hereby declared to be the policy of the Congress that adequate funds should be made available to rural electric and telephone systems through direct, insured and guaranteed loans at interest rates which will allow them to achieve the objectives of this chapter and that such rural electric and telephone systems should be encouraged and assisted to develop their resources and ability to achieve the financial strength needed to enable them to satisfy their credit needs from their own financial organizations and other sources at reasonable rates and terms consistent with the loan applicants ability to pay and achievement of this chapters objectives.

(Pub. L. 93–32, §1, May 11, 1973, 87 Stat. 65.)

Codification

The last sentence of section 1 of Pub. L. 93–32 provided that: The Rural Electrification Act of 1936, as amended (7 U.S.C. 901–950(b)), is therefore further amended as hereinafter provided.”

Section was not enacted as part of the Rural Electrification Act of 1936 which comprises this chapter.

Effective Date

Pub. L. 93–32, §12, May 14, 1973, 87 Stat. 71, provided that: This Act [enacting sections 906a, 930, and 933 to 940 of this title, amending sections 903, 931, 932, 945, 946, 947, and 948 of this title, and enacting provisions set out as notes under this section] shall take effect upon enactment [May 11, 1973].”

Reservation of Right To Repeal, Alter, or Amend Pub. L. 93–32

Pub. L. 93–32, §11, May 14, 1973, 87 Stat. 71, provided that: The right to repeal, alter, or amend, this Act [enacting sections 906a, 930, and 933 to 940 of this title, amending sections 903, 931, 932, 945, 946, 947, and 948 of this title, and enacting provisions set out as notes under this section] is expressly reserved.”

U.S. Encyclopedia of Law Coverage

7-U.S.C.-917 in the Legal Encyclopedia: Agriculture

In this entry about 7-U.S.C.-917, 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.-918 in the Legal Encyclopedia: Rural

In this entry about 7-U.S.C.-918, 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.-7237 in the Legal Encyclopedia: Loans

In this entry about 7-U.S.C.-7237, 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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