2020 US Code
Title 7 - Agriculture
Chapter 31 - Rural Electrification and Telephone Service
Subchapter VII - General and Administrative Provisions
Sec. 950cc-2 - Use of loan proceeds to refinance loans for deployment of broadband service

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Citation 7 U.S.C. § 950cc-2 (2020)
Section Name §950cc–2. Use of loan proceeds to refinance loans for deployment of broadband service
Section Text

Notwithstanding any other provision of this chapter, the proceeds of any loan made or guaranteed by the Secretary under this chapter may be used by the recipient of the loan for the purpose of refinancing an outstanding obligation of the recipient on another telecommunications loan made under this chapter, or on any other loan if that loan would have been for an eligible telecommunications purpose under this chapter.

Source Credit

(May 20, 1936, ch. 432, title VII, §703, as added Pub. L. 115–334, title VI, §6209, Dec. 20, 2018, 132 Stat. 4743.)

Publication Title United States Code, 2018 Edition, Supplement 2, 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 VII - GENERAL AND ADMINISTRATIVE PROVISIONS
Sec. 950cc-2 - Use of loan proceeds to refinance loans for deployment of broadband service
Contains section 950cc-2
Date 2020
Laws In Effect As Of Date January 13, 2021
Positive Law No
Disposition standard
Statutes at Large References 132 Stat. 4743
Public Law References Public Law 115-334
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