7 U.S.C. § 940bChapter 31
§940b. Use of funds
Primary source
Verbatim text below is from the United States Code (GovInfo), a public-domain U.S. government work.
Full Text
§940b. Use of funds
A borrower of an insured or guaranteed electric loan under this chapter may, without restriction or prior approval of the Secretary, invest its own funds or make loans or guarantees, not in excess of 15 percent of its total utility plant.
Editorial Notes
Amendments
1994—Pub. L. 103–354 substituted "Secretary" for "Administrator".
Last amended: December 31, 2024
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