43 U.S.C. § 2421 — Definitions
submitted 20 years ago by Pub. L. 109-451 to r/title-43-PUBLIC-LANDS · 319 words · no verdicts yet
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In this subchapter:
The term “lender” means—
a non-Federal qualified institutional buyer (as defined in section 230.144A(a) of title 17, Code of Federal Regulation 1 (or any successor regulation), known as Rule 144A(a) of the Securities and Exchange Commission and issued under the Securities Act of 1933 (15 U.S.C. 77a et seq.)); or
a clean renewable energy bond lender (as defined in section 54(j)(2) 2 of title 26 (as in effect on December 22, 2006)).
The term “loan guarantee” has the meaning given the term “loan guarantee” in section 661a of title 2.
The term “non-Federal borrower” means—
a State (including a department, agency, or political subdivision of a State); or
a conservancy district, irrigation district, canal company, water users’ association, Indian tribe, an agency created by interstate compact, or any other entity that has the capacity to contract with the United States under Federal reclamation law.
The term “obligation” means a loan or other debt obligation that is guaranteed under this section.
The term “project” means—
a rural water supply project (as defined in section 2401(9) of this title);
an extraordinary operation and maintenance activity for, or the rehabilitation or replacement of, a facility—
that is authorized by Federal reclamation law and constructed by the United States under such law; or
in connection with which there is a repayment or water service contract executed by the United States under Federal reclamation law; or
an improvement to water infrastructure directly associated with a reclamation project that, based on a determination of the Secretary—
improves water management; and
fulfills other Federal goals.
The term “Secretary” means the Secretary of the Interior.
Source credit: (Pub. L. 109–451, title II, § 202, Dec. 22, 2006, 120 Stat. 3356.)
- 2006Enacted · Pub. L. 109-451 · 120 Stat. 3356
A history note hasn’t been published yet. The record shows enactment by Pub. L. 109-451 on 2006-12-22.
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