FEDERAL · 48 U.S.C. · Chapter 14

Plan for use of grant to Trust Territory of the Pacific Islands Economic Development Loan Fund; loans; terms

48 U.S.C. § 1689
Title48Territories and Insular Possessions
Chapter14 — TRUST TERRITORY OF THE PACIFIC ISLANDS

This text of 48 U.S.C. § 1689 (Plan for use of grant to Trust Territory of the Pacific Islands Economic Development Loan Fund; loans; terms) 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
48 U.S.C. § 1689.

Text

The grant authorized by section 1688 of this title shall be made only after the government of the Trust Territory of the Pacific Islands has submitted to the Secretary of the Interior a plan for the use of the grant, and the plan has been approved by the Secretary. The plan shall provide among other things for a revolving fund to make loans or to guarantee loans to private enterprise. The term of any loan made pursuant to the plan shall not exceed twenty-five years.

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Related

§ 1688
48 U.S.C. § 1688

Source Credit

History

(Pub. L. 92–257, §2, Mar. 21, 1972, 86 Stat. 87.)

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Bluebook (online)
48 U.S.C. § 1689, Counsel Stack Legal Research, https://law.counselstack.com/usc/48/1689.