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2012 U.S. Code
Title 15 - Commerce and Trade
Chapter 45 - EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES (§§ 1841 - 1852)
Section 1844 - Security for loan guarantees

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Publication TitleUnited States Code, 2012 Edition, Title 15 - COMMERCE AND TRADE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 15 - COMMERCE AND TRADE
CHAPTER 45 - EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES
Sec. 1844 - Security for loan guarantees
Containssection 1844
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawNo
Dispositionstandard
Source CreditPub. L. 92-70, §5, Aug. 9, 1971, 85 Stat. 179.
Statutes at Large Reference85 Stat. 179
Public Law ReferencePublic Law 92-70

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EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES - 15 U.S.C. § 1844 (2012)
§1844. Security for loan guarantees

In negotiating a loan guarantee under this chapter, the Board shall make every effort to arrange that the payment of the principal of and interest on any plan guaranteed shall be secured by sufficient property of the enterprise to collateralize fully the amount of the loan guarantee.

(Pub. L. 92–70, §5, Aug. 9, 1971, 85 Stat. 179.)

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