30 U.S.C. § 1512 — Loan size limitation
submitted 46 years ago by Pub. L. 96-294 to r/title-30-MINERAL-LANDS-AND-MINING · 104 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The amount of any loan made under section 1511(a) of this title with respect to a project described in that section shall not exceed 50 percent of the cost of such project; except that if the loan is made to a person* proposing to make application of the resources of the reservoir involved primarily for space heating or cooling or process heat for one or more structures or facilities then existing or under construction, the loan may be in any amount up to 90 per centum of such cost. In any event no loan shall be made in an amount in excess of $3,000,000.
Source credit: (Pub. L. 96–294, title VI, § 612, June 30, 1980, 94 Stat. 764.)
- 1980Enacted · Pub. L. 96-294 · 94 Stat. 764
A history note hasn’t been published yet. The record shows enactment by Pub. L. 96-294 on 1980-06-30.
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