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43 U.S.C. § 422k–1 — Loan contracts for deferment of repayment installments; amendment or supplementation
submitted 70 years ago by Pub. L. 92-167 to r/title-43-PUBLIC-LANDS · 34 words · no verdicts yet
in plain englishAI-generated · not legal advice
A reclamation loan contract can be changed later. The change can delay when repayment installments are due. This follows the rules in section 485b–1(b).
A loan contract made under this subchapter can be amended or added to later.
The purpose of the change must be to defer, or delay, repayment installments. This must be done following the rules in section 485b–1(b) of this title.
the actual law source: uscode.house.gov ↗public domain
A loan contract negotiated and executed pursuant to this subchapter may be amended or supplemented for the purpose of deferring repayment installments in accordance with the provisions of section 485b–1(b) of this title.
Source credit: (Aug. 6, 1956, ch. 972, § 13, as added Pub. L. 92–167, § 1(8), Nov. 24, 1971, 85 Stat. 488.)
history & why it existsrecord from the source credit
- 1956Enacted · Pub. L. 92-167 · 85 Stat. 488
A history note hasn’t been published yet. The record shows enactment by Pub. L. 92-167 on 1956-08-06.
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