Not known Factual Statements About 922 loans
Not known Factual Statements About 922 loans
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As well as the mortgage extension authority supplied in portion 912 of this title, the Secretary of Agriculture is approved to regulate and readjust the schedules for payment of principal and curiosity on loans to borrowers below applications administered with the Secretary under the Rural Electrification Act of 1936 (seven U.
The Secretary could deny the request of a lender for your promise of the bond or note underneath this portion When the Secretary establishes that—
The Secretary may not, like a condition of making a telephone mortgage to an applicant therefor, demand the applicant to—
In this particular part, the phrase "cybersecurity and grid security advancements" suggests investment decision in the development, expansion, and modernization of rural utility infrastructure that addresses known cybersecurity and grid security hazards.
pertains to the issuance of regulations to carry out amendments made by the Act which is set out to be a note beneath part 901 of this title. For entire classification of this Act for the Code, see Short Title of 1993 Modification Be aware set out underneath area 901 of the title and Tables.
(B) any location in just a company region of a borrower for which a borrower has an outstanding financial loan manufactured underneath subchapters I as a result of V as of the day of enactment of the paragraph.
§934. Authorized money transactions; interim notes; buy of obligations for resale; sale of notes and certificates; liens
Yearly, the Secretary shall submit on the Congress a report that describes the extent of participation from the broadband help courses administered through the Secretary with the preceding fiscal 12 months, including a description of—
(bb) curiosity on the quantity described in item (aa), with the period of time beginning on the day in the prepayment and ending around the day of the repayment, in a rate equivalent to the normal annual expense of borrowing because of the Division in the Treasury.
The Secretary might have to have any supplemental reporting and data by any receiver of any broadband assistance beneath this chapter In order to make certain compliance using this type of part.
Along with other authority under applicable legislation, the Secretary shall establish penned treatments for all broadband plans to ensure, to the maximum extent practicable, the systems are administered to—
All redemptions, buys, and sales from the Secretary of the Treasury of such notes shall be addressed as community debt transactions get more info of America: Furnished, however, That these types of interim notes to your Secretary in the Treasury shall not be A part of the totals on the spending budget of America Federal government and shall be exempt from any general limitation imposed by statute on expenses and Web lending (funds outlays) of the United States.
Very little In this particular section boundaries the authority from the Secretary to ascertain terms and conditions with respect to your use by borrowers in the proceeds of loans made or certain less than this chapter or to just take another action specially licensed by law.
A bond or Take note certain beneath this segment shall, by settlement involving the Secretary along with the borrower—