FEDERAL · 15 U.S.C. · Chapter 45
Security for loan guarantees
15 U.S.C. § 1844
Title15 — Commerce and Trade
Chapter45 — EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES
This text of 15 U.S.C. § 1844 (Security for loan guarantees) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
15 U.S.C. § 1844.
Text
In negotiating a loan guarantee under this chapter, the Board shall make every effort to arrange that the payment of the principal of and interest on any plan guaranteed shall be secured by sufficient property of the enterprise to collateralize fully the amount of the loan guarantee.
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Source Credit
History
(Pub. L. 92–70, §5, Aug. 9, 1971, 85 Stat. 179.)
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15 U.S.C. § 1844, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/1844.