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7 U.S.C. § 916Criteria for loans

submitted 90 years ago by Pub. L. 95-91 to r/title-7-AGRICULTURE · 62 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section sets rules about Criteria for loans. It states the duties, conditions, rights, or penalties that apply under those rules.

To insure coordination of electric generation and transmission financing under this chapter with the national energy policy, the Secretary in making or guaranteeing loans for the construction, operation, or enlargement of generating plants or electric transmission lines or systems, must consider such general criteria consistent with the provisions of this chapter as may be published by the Secretary of Energy.
the actual law source: uscode.house.gov ↗public domain

In order to insure coordination of electric generation and transmission financing under this chapter with the national energy policy, the Secretary in making or guaranteeing loans for the construction, operation, or enlargement of generating plants or electric transmission lines or systems, shall consider such general criteria consistent with the provisions of this chapter as may be published by the Secretary of Energy.

Source credit: (May 20, 1936, ch. 432, title I, § 16, as added Pub. L. 95–91, title VII, § 709(f), Aug. 4, 1977, 91 Stat. 608; amended Pub. L. 103–354, title II, § 235(a)(13), Oct. 13, 1994, 108 Stat. 3221.)

history & why it existsrecord from the source credit
  • 1936Enacted · Pub. L. 95-91 · 91 Stat. 608
  • 1994Amended · Pub. L. 103-354 · 108 Stat. 3221

A history note hasn’t been published yet. The record shows enactment by Pub. L. 95-91 on 1936-05-20.

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