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2012 U.S. Code
Title 7 - Agriculture
Chapter 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE (§§ 901 - 950bb-1)
Subchapter III - RURAL ELECTRIC AND TELEPHONE DIRECT LOAN PROGRAMS (§§ 930 - 940h)
Section 938 - Full faith and credit of the United States

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Metadata
Publication TitleUnited States Code, 2012 Edition, Title 7 - AGRICULTURE
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 7 - AGRICULTURE
CHAPTER 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE
SUBCHAPTER III - RURAL ELECTRIC AND TELEPHONE DIRECT LOAN PROGRAMS
Sec. 938 - Full faith and credit of the United States
Containssection 938
Date2012
Laws in Effect as of DateJanuary 15, 2013
Positive LawNo
Dispositionstandard
Source CreditMay 20, 1936, ch. 432, title III, §308, as added Pub. L. 93-32, §2, May 11, 1973, 87 Stat. 70; amended Pub. L. 94-124, §2, Nov. 4, 1975, 89 Stat. 677; Pub. L. 103-354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221.
Statutes at Large References87 Stat. 70
89 Stat. 677
108 Stat. 3221
Public Law ReferencesPublic Law 93-32, Public Law 94-124, Public Law 103-354

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RURAL ELECTRIC AND TELEPHONE DIRECT LOAN PROGRAMS - 7 U.S.C. § 938 (2012)
§938. Full faith and credit of the United States

Any contract of insurance or guarantee executed by the Secretary under this subchapter shall be an obligation supported by the full faith and credit of the United States and incontestable except for fraud or misrepresentation of which the holder had actual knowledge at the time it became a holder.

(May 20, 1936, ch. 432, title III, §308, as added Pub. L. 93–32, §2, May 11, 1973, 87 Stat. 70; amended Pub. L. 94–124, §2, Nov. 4, 1975, 89 Stat. 677; Pub. L. 103–354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221.)

Amendments

1994—Pub. L. 103–354 substituted “Secretary” for “Administrator”.

1975—Pub. L. 94–124 substituted “of which the holder had actual knowledge at the time it became a holder” for “of which the holder has actual knowledge”.

Effective Date

Section effective May 11, 1973, see section 12 of Pub. L. 93–32, set out as a note under section 930 of this title.

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