FEDERAL · 7 U.S.C. · Chapter 31

Use of loan proceeds to refinance loans for deployment of broadband service

Current through Pub. L. 119-102
Title 7Agriculture·Ch. 31 — RURAL ELECTRIFICATION AND TELEPHONE SERVICE·Subch. VII
Notwithstanding any other provision of this chapter, the proceeds of any loan made or guaranteed by the Secretary under this chapter may be used by the recipient of the loan for the purpose of refinancing an outstanding obligation of the recipient on another telecommunications loan made under this chapter, or on any other loan if that loan would have been for an eligible telecommunications purpose under this chapter.

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7 U.S.C. § 950cc–2 (Use of loan proceeds to refinance loans for deployment of broadband service) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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History

(May 20, 1936, ch. 432, title VII, §703, as added Pub. L. 115–334, title VI, §6209, Dec. 20, 2018, 132 Stat. 4743.)

Editorial Notes

Termination of Chapter
For termination of chapter by section 1(b) of Pub. L. 102–551, see note set out under section 950aaa of this title.