43 C.F.R. · Public Lands: Interior
43 C.F.R. § 29.12

Borrowing.

Title 43 C.F.R. ● ACTIVE Primary Source
Regulatory Text

43 C.F.R. § 29.12 — Borrowing.

§ 29.12 Borrowing. In the event the Fund is unable to satisfy a claim determined to be justified, or is in need of money with which to initiate the operation of the Fund, the Fund may borrow the money needed from any commercial credit source at the lowest available rate of interest. If the amount to be borrowed is $500,000 or less, the Administrator may arrange to pledge the credit of the Fund pursuant to a resolution of the Board of Trustees. If the proposed borrowing exceeds $500,000, the Administrator shall, prior to issuance of a note or other security pledging the credit of the Fund, secure the approval of the Secretary. No money may be borrowed from any of the Permittees or their affiliates.

Source: ecfr.gov · govinfo.gov — public domain Official Source ↗
Root-LD Entity Data
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Federation ID
BS-CFR43-SEC-A3D019
Entity Class
REGULATION / FEDERAL-CFR-SECTION
Domain Signature
boisestandard.org
Citation
43 C.F.R. § 29.12
Corpus
CFR — Code of Federal Regulations
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
6d9a34e5febaefa4...
Semantic Edges
Pending — corpus passes queued
The regulatory text of 43 C.F.R. § 29.12 is reproduced from the official Code of Federal Regulations as published by the Office of the Federal Register and the National Archives and Records Administration.
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boisestandard.org United States Law CFR Title 43 43 C.F.R. § 29.12