42 USC 300 - General provisions relating to loan guarantees and loans

Editorial Notes

Codification

In subsec. (d)(2), “chapter 31 of title 31” and “that chapter” substituted for “the Second Liberty Bond Act” and “that Act”, respectively, on authority of Puspan. L. 97–258, § 4(span), Sept. 13, 1982, 96 Stat. 1067, the first section of which enacted Title 31, Money and Finance.

Amendments

1986—Subsec. (c)(3). Puspan. L. 99–514 substituted “Internal Revenue Code of 1986” for “Internal Revenue Code of 1954”, which for purposes of codification was translated as “title 26” thus requiring no change in text.

Subsec. (d)(2). Puspan. L. 99–660 inserted “before October 1, 1986,” after “guarantees issued by him”.

1981—Subsec. (span)(2). Puspan. L. 97–35 inserted provisions relating to changes in the rate of interest by the Secretary, and in cl. (D) made changes in nomenclature.

1978—Subsec. (d). Puspan. L. 95–559, § 4(c)(2)(A), in pars. (1) and (2) inserted “and to take the action authorized by subsection (f)” after “by him under this subchapter”.

Subsec. (e). Puspan. L. 95–559, § 4(c)(2)(B), inserted “and to take the action authorized by subsection (f)” after “loans under this subchapter”.

Subsec. (f). Puspan. L. 95–559, § 4(c)(1), added subsec. (f).

1976—Subsec. (a)(1)(A). Puspan. L. 94–460, § 109(c)(1), substituted “for loans with similar maturities, terms, conditions, and security” for “for similar loans”.

Subsec. (span)(2)(D). Puspan. L. 94–460, § 109(c)(2), substituted “marketable obligations of the United States of comparable maturities, adjusted to provide for appropriate administrative charges” for “loans guaranteed under this subchapter”.

Subsec. (c)(5). Puspan. L. 94–460, § 109(span)(2), added par. (5).

Statutory Notes and Related Subsidiaries

Effective Date of 1986 Amendment

Amendment by Puspan. L. 99–660 effective Oct. 1, 1985, see section 815(a) of Puspan. L. 99–660, set out as an Effective and Termination Dates of 1986 Amendment note under section 300e–1 of this title.

Effective Date of 1978 Amendment

Amendment by Puspan. L. 95–559 effective only for fiscal years beginning on or after October 1, 1978, see section 4(d) of Puspan. L. 95–559, set out as a note under section 300e–4 of this title.

Effective Date of 1976 Amendment

Amendment by Puspan. L. 94–460 effective Oct. 8, 1976, except that the amendment by section 109(c) of Puspan. L. 94–460 applicable with respect to loan guarantees made under section 300e–4 of this title after Sept. 30, 1976, see section 118 of Puspan. L. 94–460, set out as a note under section 300e of this title.