2016 US Code
Title 7 - Agriculture
Chapter 31 - Rural Electrification and Telephone Service
Subchapter III - Rural Electric and Telephone Direct Loan Programs
Sec. 940 - Refinancing of rural development loans
| 7 U.S.C. § 940 (2016) |
| §940. Refinancing of rural development loans |
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At the request of the borrower, the Secretary is authorized and directed to refinance with loans which will be insured under this chapter at the interest rates provided in section 935 of this title any loans made for rural electric and telephone facilities under any provision of the Consolidated Farm and Rural Development Act [7 U.S.C. 1921 et seq.]. |
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(May 20, 1936, ch. 432, title III, §310, as added Pub. L. 93–32, §2, May 11, 1973, 87 Stat. 70; amended Pub. L. 103–354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221.) |
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REFERENCES IN TEXT
The Consolidated Farm and Rural Development Act, referred to in text, is title III of Pub. L. 87–128, Aug. 8, 1961, 75 Stat. 307, as amended, which is classified principally to chapter 50 (§1921 et seq.) of this title. For complete classification of the Act to the Code, see Short Title note set out under section 1921 of this title and Tables. AMENDMENTS1994—Pub. L. 103–354 substituted "Secretary" for "Administrator". EFFECTIVE DATESection effective May 11, 1973, see section 12 of Pub. L. 93–32, set out as a note under section 930 of this title. |
| United States Code, 2012 Edition, Supplement 4, Title 7 - AGRICULTURE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 7 - AGRICULTURE CHAPTER 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE SUBCHAPTER III - RURAL ELECTRIC AND TELEPHONE DIRECT LOAN PROGRAMS Sec. 940 - Refinancing of rural development loans |
| section 940 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 75 Stat. 307 87 Stat. 70 108 Stat. 3221 |
| Public Law 87-128, Public Law 93-32, Public Law 103-354 |
