2024 U.S. Code
Title 7 - Agriculture
Chapter 31 - Rural Electrification and Telephone Service
Subchapter II - Rural Telephone Service
Sec. 925 - Loan feasibility
| 7 U.S.C. § 925 (2024) |
| §925. Loan feasibility |
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The Secretary 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. |
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(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; Pub. L. 115–334, title VI, §6602(b)(2), Dec. 20, 2018, 132 Stat. 4776.) |
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EDITORIAL NOTES
AMENDMENTS
2018—Pub. L. 115–334 struck out "and the Governor of the telephone bank" after "The Secretary" in introductory provisions. 1994—Pub. L. 103–354 substituted "Secretary" for "Administrator". |
| United States Code, 2024 Edition, Title 7 - AGRICULTURE |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 7 - AGRICULTURE CHAPTER 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE SUBCHAPTER II - RURAL TELEPHONE SERVICE Sec. 925 - Loan feasibility |
| section 925 |
| 2024 |
| January 6, 2025 |
| No |
| standard |
| 104 Stat. 4039 108 Stat. 3221 132 Stat. 4776 |
| Public Law 101-624, Public Law 103-354, Public Law 115-334 |
