2024 U.S. Code
Title 7 - Agriculture
Chapter 31 - Rural Electrification and Telephone Service
Subchapter III - Rural Electric and Telephone Direct Loan Programs
Sec. 936d - Eligibility of distribution borrowers for loans, loan guarantees, and lien accommodations
| 7 U.S.C. § 936d (2024) |
| §936d. Eligibility of distribution borrowers for loans, loan guarantees, and lien accommodations |
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For the purpose of determining the eligibility of a distribution borrower not in default on the repayment of a loan made or guaranteed under this chapter for a loan, loan guarantee, or lien accommodation under this subchapter, a default by a borrower from which the distribution borrower purchases wholesale power shall not— (1) be considered a default by the distribution borrower; (2) reduce the eligibility of the distribution borrower for assistance under this chapter; or (3) be the cause, directly or indirectly, of imposing any requirement or restriction on the borrower as a condition of the assistance, except such requirements or restrictions as are necessary to implement a debt restructuring agreed on by the power supply borrower and the Government. |
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(May 20, 1936, ch. 432, title III, §306D, as added Pub. L. 103–129, §2(c)(7), Nov. 1, 1993, 107 Stat. 1364.) |
| 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 III - RURAL ELECTRIC AND TELEPHONE DIRECT LOAN PROGRAMS Sec. 936d - Eligibility of distribution borrowers for loans, loan guarantees, and lien accommodations |
| section 936d |
| 2024 |
| January 6, 2025 |
| No |
| standard |
| 107 Stat. 1364 |
| Public Law 103-129 |
