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2013 US Code
Title 7 - Agriculture
Chapter 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE (§§ 901 - 950bb-1)
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| 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 Table Of Contents |
| Date | 2013 |
| Laws in Effect as of Date | January 16, 2014 |
| Positive Law | No |
| Disposition | standard |
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SUBCHAPTER I—RURAL ELECTRIFICATION
| Sec. | |
| 901. | Short title. |
| 902. | General authority of Secretary of Agriculture. |
| 903. | Authorization of appropriations. |
| 904. | Loans for electrical plants and transmission lines. |
| 905. | Repealed. |
| 906. | Funding for administrative expenses. |
| 906a. | Use of funds outside the United States or its territories prohibited. |
| 907. | Acquisition of property pledged for loans; disposition; sale of pledged property by borrower. |
| 908. | Repealed. |
| 909. | Administration on nonpolitical basis; dismissal of officers or employees for violating provision. |
| 910. | Repealed. |
| 911. | Acceptance of services of Federal or State officers; application of civil service laws; expenditures for supplies and equipment. |
| 911a. | Repealed. |
| 912. | Extension of time for repayment of loans. |
| 912a. | Rescheduling and refinancing of loans. |
| 913. | Definitions. |
| 914. | Separability. |
| 915. | Purchase of financial and credit reports. |
| 916. | Criteria for loans. |
| 917. | Prohibition on restricting water and waste facility services to electric customers. |
| 918. | General prohibitions. |
| 918a. | Energy generation, transmission, and distribution facilities efficiency grants and loans in rural communities with extremely high energy costs. |
| 918b. | Acquisition of existing systems in rural communities with high energy costs. |
| 918c. | Rural and remote communities electrification grants. |
SUBCHAPTER II—RURAL TELEPHONE SERVICE
| 921. | Congressional declaration of policy. |
| 921a. | Policy of financing of rural telephone program. |
| 921b. | Policy of expansion of markets for debentures. |
| 922. | Loans for rural telephone service. |
| 923. | State regulation of telephone service. |
| 924. | Definition of telephone service and rural area. |
| 925. | Loan feasibility. |
| 926. | Certain rural development investments by qualified telephone borrowers not treated as dividends or distributions. |
| 927. | General duties and prohibitions. |
| 928. | Prompt processing of telephone loans. |
SUBCHAPTER III—RURAL ELECTRIC AND TELEPHONE DIRECT LOAN PROGRAMS
| 930. | Congressional declaration of policy. |
| 931. | Rural Electrification and Telephone Revolving Fund. |
| 931a. | Level of loan programs under Rural Electrification and Telephone Revolving Fund. |
| 932. | Liabilities and uses of Rural Electrification and Telephone Revolving Fund. |
| 933. | Moneys in the Rural Electrification and Telephone Revolving Fund. |
| 934. | Authorized financial transactions; interim notes; purchase of obligations for resale; sale of notes and certificates; liens. |
| 935. | Insured loans; interest rates and lending levels. |
| 936. | Guaranteed loans; accommodation and subordination of liens; interest rates; assignability of guaranteed loans and related guarantees. |
| 936a. | Prepayment of loans. |
| 936b. | Sale or prepayment of direct or insured loans. |
| 936c. | Refinancing and prepayment of FFB loans. |
| 936d. | Eligibility of distribution borrowers for loans, loan guarantees, and lien accommodations. |
| 936e. | Administrative prohibitions applicable to certain electric borrowers. |
| 936f. | Substantially underserved trust areas. |
| 937. | Loans from other credit sources. |
| 938. | Full faith and credit of the United States. |
| 939. | Loan terms and conditions. |
| 940. | Refinancing of rural development loans. |
| 940a. | Repealed. |
| 940b. | Use of funds. |
| 940c. | Cushion of credit payments program. |
| 940c–1. | Guarantees for bonds and notes issued for electrification or telephone purposes. |
| 940d. | Limitations on authorization of appropriations. |
| 940e. | Expansion of 911 access. |
| 940f. | Extension of period of existing guarantee. |
| 940g. | Electric loans for renewable energy. |
| 940h. | Bonding requirements. |
SUBCHAPTER IV—RURAL TELEPHONE BANK
| 941. | Telephone Bank. |
| 942. | General powers. |
| 943. | Special provisions governing telephone bank as a Federal agency until conversion of ownership, control, and operation. |
| 944. | Governor of telephone bank; functions, powers, and duties. |
| 944a. | Publication of rural telephone bank policies and regulations. |
| 945. | Board of directors. |
| 946. | Capitalization. |
| 947. | Borrowing power; telephone debentures; issuance; interest rates; terms and conditions; ratio to paid-in capital and retained earnings; investments in debentures; debentures as security; purchase and sale of debentures by the Secretary of the Treasury; treatment as public debt transactions of the United States; exclusion of transactions from budget totals. |
| 948. | Lending power. |
| 949. | Telephone bank receipts; availability for obligations and expenditures. |
| 950. | Conversion of ownership, control, and operation of telephone bank. |
| 950a. | Liquidation or dissolution of telephone bank. |
| 950b. | Borrower net worth. |
SUBCHAPTER V—RURAL ECONOMIC DEVELOPMENT
| 950aa. | Additional powers and duties. |
| 950aa–1. | Repealed. |
SUBCHAPTER VI—RURAL BROADBAND ACCESS
| 950bb. | Access to broadband telecommunications services in rural areas. |
| 950bb–1. | National Center for Rural Telecommunications Assessment. |
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