2016 US Code
Title 30 - Mineral Lands and Mining
Chapter 27 - Geothermal Energy
Subchapter I - Project Loans
Sec. 1512 - Loan size limitation

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Citation 30 U.S.C. § 1512 (2016)
Section Name §1512. Loan size limitation
Section Text

The amount of any loan made under section 1511(a) of this title with respect to a project described in that section shall not exceed 50 percent of the cost of such project; except that if the loan is made to a person proposing to make application of the resources of the reservoir involved primarily for space heating or cooling or process heat for one or more structures or facilities then existing or under construction, the loan may be in any amount up to 90 per centum of such cost. In any event no loan shall be made in an amount in excess of $3,000,000.

Source Credit

(Pub. L. 96–294, title VI, §612, June 30, 1980, 94 Stat. 764.)

Publication Title United States Code, 2012 Edition, Supplement 4, Title 30 - MINERAL LANDS AND MINING
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 30 - MINERAL LANDS AND MINING
CHAPTER 27 - GEOTHERMAL ENERGY
SUBCHAPTER I - PROJECT LOANS
Sec. 1512 - Loan size limitation
Contains section 1512
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 94 Stat. 764
Public Law References Public Law 96-294
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