10 U.S.C. § 4983 — Administration
submitted 26 years ago by Pub. L. 106-398 to r/title-10-ARMED-FORCES · 100 words · no verdicts yet
(a) The Secretary of Defense may make agreements with appropriate Federal or private entities to process guarantee applications, administer loan repayment, and provide other administrative services. (b) The agreements' costs count as Defense administrative expenses attributable to this program for the section 4982(c) special account.
(a) The Secretary of Defense may make agreements with appropriate Federal or private entities to process guarantee applications, administer loan repayment, and provide other administrative services. (b) The agreements' costs count as Defense administrative expenses attributable to this program for the section 4982(c) special account.
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—
process applications for loan guarantees;
administer repayment of loans; and
provide any other services to the Secretary to administer this subchapter.
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.)
- 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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