7 U.S.C. § 905 — Fees for certain loan guarantees
submitted 90 years ago by Pub. L. 113-79 to r/title-7-AGRICULTURE · 97 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
For electrification baseload generation loan guarantees, the Secretary* shall, at the request of the borrower, charge an upfront fee to cover the costs of the loan guarantee.
The fee described in subsection (a) for a loan guarantee shall be equal to the costs of the loan guarantee (within the meaning of section 661a(5)(C) of title 2).
Funds received from a borrower to pay the fee described in this section shall not be derived from a loan or other debt obligation that is made or guaranteed by the Federal Government.
Source credit: (May 20, 1936, ch. 432, title I, § 5, as added Pub. L. 113–79, title VI, § 6101, Feb. 7, 2014, 128 Stat. 850.)
- 1936Enacted · Pub. L. 113-79 · 128 Stat. 850
A history note hasn’t been published yet. The record shows enactment by Pub. L. 113-79 on 1936-05-20.
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