2016 US Code
Title 7 - Agriculture
Chapter 31 - Rural Electrification and Telephone Service
Subchapter II - Rural Telephone Service
Sec. 925 - Loan feasibility

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Citation 7 U.S.C. § 925 (2016)
Section Name §925. Loan feasibility
Section Text

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.

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.)

Editorial Notes AMENDMENTS

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

Publication Title United States Code, 2012 Edition, Supplement 4, 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 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
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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