Go to previous versions
of
this Section
2021 US Code
Title 15 - Commerce and Trade
Chapter 45 - Emergency Loan Guarantees to Business Enterprises
Sec. 1850 - Protection of Government's interest
Download PDF
| 15 U.S.C. § 1850 (2021) |
| §1850. Protection of Government's interest |
|
(a) Attorney General, enforcement authority; payments into emergency loan guarantee fund
The Attorney General shall take such action as may be appropriate to enforce any right accruing to the United States or any officer or agency thereof as a result of the issuance of guarantees under this chapter. Any sums recovered pursuant to this section shall be paid into the emergency loan guarantee fund. (b) Recovery rights; subrogationThe Board shall be entitled to recover from the borrower, or any other person liable therefor, the amount of any payments made pursuant to any guarantee agreement entered into under this chapter, and upon making any such payment, the Board shall be subrogated to all the rights of the recipient thereof. |
|
(Pub. L. 92–70, §11, Aug. 9, 1971, 85 Stat. 181.) |
| United States Code, 2018 Edition, Supplement 3, Title 15 - COMMERCE AND TRADE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 15 - COMMERCE AND TRADE CHAPTER 45 - EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES Sec. 1850 - Protection of Government's interest |
| section 1850 |
| 2021 |
| January 3, 2022 |
| No |
| standard |
| 85 Stat. 181 |
| Public Law 92-70 |
Disclaimer: These codes may not be the most recent version. United States may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
