2019 US Code
Title 7 - Agriculture
Chapter 31 - Rural Electrification and Telephone Service
Subchapter I - Rural Electrification
Sec. 905 - Fees for certain loan guarantees
| 7 U.S.C. § 905 (2019) |
| §905. Fees for certain loan guarantees |
|
(a) In general
For electrification baseload generation loan guarantees, the Secretary shall, at the request of the borrower, charge an upfront fee to cover the costs of the loan guarantee. (b) FeeThe fee described in subsection (a) for a loan guarantee shall be equal to the costs of the loan guarantee (within the meaning of section 661a(5)(C) of title 2). (c) LimitationFunds received from a borrower to pay the fee described in this section shall not be derived from a loan or other debt obligation that is made or guaranteed by the Federal Government. |
|
(May 20, 1936, ch. 432, title I, §5, as added Pub. L. 113–79, title VI, §6101, Feb. 7, 2014, 128 Stat. 850.) |
|
PRIOR PROVISIONS
A prior section 905, acts May 20, 1936, ch. 432, title I, §5, 49 Stat. 1365; Sept. 21, 1944, ch. 412, title V, §502(b), 58 Stat. 739; Oct. 28, 1949, ch. 776, §2, 63 Stat. 948; Oct. 13, 1994, Pub. L. 103–354, title II, §235(a)(13), 108 Stat. 3221, related to loans for electrical and plumbing equipment and persons eligible for such loans, prior to repeal by Pub. L. 104–127, title VII, §774(a), Apr. 4, 1996, 110 Stat. 1150. |
| United States Code, 2018 Edition, Supplement 1, Title 7 - AGRICULTURE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 7 - AGRICULTURE CHAPTER 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE SUBCHAPTER I - RURAL ELECTRIFICATION Sec. 905 - Fees for certain loan guarantees |
| section 905 |
| 2019 |
| January 24, 2020 |
| No |
| standard |
| 49 Stat. 1365 58 Stat. 739 63 Stat. 948 108 Stat. 3221 110 Stat. 1150 128 Stat. 850 |
| Public Law 103-354, Public Law 104-127, Public Law 113-79 |
