38 U.S.C. § 3746 — Maturity of loans
submitted 45 years ago by Pub. L. 97-72 to r/title-38-VETERANS-BENEFITS · 84 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The maturity of a loan made or guaranteed under this subchapter that is used in whole or in part for the construction, conversion, or expansion of facilities or for acquisition of real property may not exceed twenty years plus such additional reasonable time as the Secretary* may determine, at the time the loan is made, is required to complete the construction, acquisition, or expansion of such facilities. The maturity of any other loan made or guaranteed under this subchapter may not exceed ten years.
Source credit: (Added Pub. L. 97–72, title III, § 302(a), Nov. 3, 1981, 95 Stat. 1058, § 1846; amended Pub. L. 101–237, title III, § 313(b)(1), Dec. 18, 1989, 103 Stat. 2077; renumbered § 3746, Pub. L. 102–83, § 5(a), Aug. 6, 1991, 105 Stat. 406.)
- 1981Enacted · Pub. L. 97-72 · 95 Stat. 1058
- 1989Amended · Pub. L. 101-237 · 103 Stat. 2077
- 1991Amended · Pub. L. 102-83 · 105 Stat. 406
A history note hasn’t been published yet. The record shows enactment by Pub. L. 97-72 on 1981-11-03.
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