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10 U.S.C. § 4983Administration

submitted 26 years ago by Pub. L. 106-398 to r/title-10-ARMED-FORCES · 100 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a)Agreements Required.—

The Secretary of Defense may enter into one or more agreements, each with an appropriate Federal or private entity, under which such entity may, under this subchapter—

(1)

process applications for loan guarantees;

(2)

administer repayment of loans; and

(3)

provide any other services to the Secretary to administer this subchapter.

(b)Treatment of Costs.—

The costs of such agreements shall be considered, for purposes of the special account established under section 4982(c), to be costs of administrative expenses of the Department of Defense that are attributable to the loan guarantee program under this subchapter.

Source credit: (Added Pub. L. 106–398, § 1 [[div. A], title X, § 1033(a)(1)], Oct. 30, 2000, 114 Stat. 1654, 1654A–259, § 2541b; renumbered § 4983 and amended Pub. L. 116–283, div. A, title XVIII, § 1873(b), (c)(2), (e)(2), Jan. 1, 2021, 134 Stat. 4290.)

history & why it existsrecord from the source credit
  • 2000Enacted · Pub. L. 106-398 · 114 Stat. 1654, 1654
  • 2021Amended · Pub. L. 116-283 · 134 Stat. 4290

A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-398 on 2000-10-30.

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