7-U.S.C.-939
§939 – Loan Terms and Conditions
Pathway
Title 7 > Chapter 31 > Subchapter III > Section 939
Details
- Reference: Section 939
- Legend: §939 – Loan Terms and Conditions
- USCode Year: 2013
Provision Content
Loans made from or insured through the fund shall be for the same purposes and on the same terms and conditions as are provided for loans in subchapters I and II of this chapter except as otherwise provided in sections 933 to 938 inclusive. The preceding sentence shall not be construed to make section 948(b)(2) or 950b of this title applicable to this subchapter.
(May 20, 1936, ch. 432, title III, §309, as added Pub. L. 93–32, §2, May 11, 1973, 87 Stat. 70; amended Pub. L. 101–624, title XXIII, §2360, Nov. 28, 1990, 104 Stat. 4042; Pub. L. 103–129, §2(b)(2), Nov. 1, 1993, 107 Stat. 1363; Pub. L. 104–127, title VII, §779, Apr. 4, 1996, 110 Stat. 1151.)
Amendments
1996—Pub. L. 104–127 struck out subsec. (a) designation and heading In general” and heading and text of subsec. (b). Prior to amendment, text read as follows: The term of any telephone loan made under this subchapter shall be determined by the borrower at the time the loan application is submitted.”
1993—Subsec. (a). Pub. L. 103–129 inserted at end The preceding sentence shall not be construed to make section 948(b)(2) or 950b of this title applicable to this subchapter.”
1990—Pub. L. 101–624 designated existing provisions as subsec. (a) and added subsec. (b).
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.
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