2013 US Code
Title 7 - Agriculture
Chapter 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE (§§ 901 - 950bb-1)
Subchapter II - RURAL TELEPHONE SERVICE (§§ 921 - 928)
Section 925 - Loan feasibility
| Publication Title | United States Code, 2012 Edition, Supplement 1, 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 II - RURAL TELEPHONE SERVICE Sec. 925 - Loan feasibility |
| Contains | section 925 |
| Date | 2013 |
| Laws in Effect as of Date | January 16, 2014 |
| Positive Law | No |
| Disposition | standard |
| Source Credit | May 20, 1936, ch. 432, title II, §204, as added Pub. L. 101-624, title XXIII, §2355, Nov. 28, 1990, 104 Stat. 4039; amended Pub. L. 103-354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221. |
| Statutes at Large References | 104 Stat. 4039 108 Stat. 3221 |
| Public Law References | Public Law 101-624, Public Law 103-354 |
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The Secretary and the Governor of the telephone bank may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to—
(1) increase the rates charged to the applicant's customers or subscribers; or
(2) increase the applicant's ratio of—
(A) net income or margins before interest; to
(B) the interest requirements on all of the applicant's outstanding and proposed loans.
(May 20, 1936, ch. 432, title II, §204, as added Pub. L. 101–624, title XXIII, §2355, Nov. 28, 1990, 104 Stat. 4039; amended Pub. L. 103–354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221.)
AMENDMENTS1994—Pub. L. 103–354 substituted "Secretary" for "Administrator".
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