GroundRules
7 U.S.C. § 940b: Use of funds
Where this section sits in the code
- Title 7—AGRICULTURE
- CHAPTER 31—RURAL ELECTRIFICATION AND TELEPHONE SERVICE
A borrower of an insured or guaranteed electric loan under this chapter may, without restriction or prior approval of the Secretary, invest its own funds or make loans or guarantees, not in excess of 15 percent of its total utility plant.
Collected 2026-09-10T05:55:54Z. Source file · JSON