FEDERAL · 30 U.S.C. · Chapter 27

Loan size limitation

30 U.S.C. § 1512
Title30Mineral Lands and Mining
Chapter27 — GEOTHERMAL ENERGY
SubchapterI
Current throughPub. L. 119-99

This text of 30 U.S.C. § 1512 (Loan size limitation) 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
30 U.S.C. § 1512.

Text

The amount of any loan made under section 1511(a) of this title with respect to a project described in that section shall not exceed 50 percent of the cost of such project; except that if the loan is made to a person proposing to make application of the resources of the reservoir involved primarily for space heating or cooling or process heat for one or more structures or facilities then existing or under construction, the loan may be in any amount up to 90 per centum of such cost. In any event no loan shall be made in an amount in excess of $3,000,000.

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Related

§ 1511
30 U.S.C. § 1511

Source Credit

History

(Pub. L. 96–294, title VI, §612, June 30, 1980, 94 Stat. 764.)

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Bluebook (online)
30 U.S.C. § 1512, Counsel Stack Legal Research, https://law.counselstack.com/usc/30/1512.