2014 US Code
Title 7 - Agriculture (Sections 1 - 9097)
Chapter 31 - Rural Electrification and Telephone Service (Sections 901 - 950bb-2)
Subchapter I - Rural Electrification (Sections 901 - 918c)
Sec. 905 - Fees for certain loan guarantees
| Publication Title | United States Code, 2012 Edition, Supplement 2, Title 7 - AGRICULTURE |
| Category | Bills and Statutes |
| Collection | United States Code |
| SuDoc Class Number | Y 1.2/5: |
| Contained Within | Title 7 - AGRICULTURE CHAPTER 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE SUBCHAPTER I - RURAL ELECTRIFICATION Sec. 905 - Fees for certain loan guarantees |
| Contains | section 905 |
| Date | 2014 |
| Laws In Effect As Of Date | January 5, 2015 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | May 20, 1936, ch. 432, title I, §5, as added Pub. L. 113-79, title VI, §6101, Feb. 7, 2014, 128 Stat. 850. |
| Statutes at Large References | 49 Stat. 1365 58 Stat. 739 63 Stat. 948 108 Stat. 3221 110 Stat. 1150 128 Stat. 850 |
| Public and Private Laws | Public Law 103-354, Public Law 104-127, Public Law 113-79 |
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For electrification baseload generation loan guarantees, the Secretary shall, at the request of the borrower, charge an upfront fee to cover the costs of the loan guarantee.
(b) FeeThe fee described in subsection (a) for a loan guarantee shall be equal to the costs of the loan guarantee (within the meaning of section 661a(5)(C) of title 2).
(c) LimitationFunds received from a borrower to pay the fee described in this section shall not be derived from a loan or other debt obligation that is made or guaranteed by the Federal Government.
(May 20, 1936, ch. 432, title I, §5, as added Pub. L. 113–79, title VI, §6101, Feb. 7, 2014, 128 Stat. 850.)
PRIOR PROVISIONSA prior section 905, acts May 20, 1936, ch. 432, title I, §5, 49 Stat. 1365; Sept. 21, 1944, ch. 412, title V, §502(b), 58 Stat. 739; Oct. 28, 1949, ch. 776, §2, 63 Stat. 948; Oct. 13, 1994, Pub. L. 103–354, title II, §235(a)(13), 108 Stat. 3221, related to loans for electrical and plumbing equipment and persons eligible for such loans, prior to repeal by Pub. L. 104–127, title VII, §774(a), Apr. 4, 1996, 110 Stat. 1150.
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