15 U.S.C. · Commerce and Trade
15 U.S.C. § 1844

Security for loan guarantees

Ch. 45 — EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES
Title 15 U.S.C. ● ACTIVE Primary Source Ch. 45
Statutory Text

15 U.S.C. § 1844 — Security for loan guarantees

U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 45 - EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES Sec. 1844 - Security for loan guarantees From the U.S. Government Publishing Office, www.gpo.gov

§1844. Security for loan guarantees

In negotiating a loan guarantee under this chapter, the Board shall make every effort to arrange that the payment of the principal of and interest on any plan guaranteed shall be secured by sufficient property of the enterprise to collateralize fully the amount of the loan guarantee.

(Pub. L. 92–70, §5, Aug. 9, 1971, 85 Stat. 179.)

Source: uscode.house.gov — public domain Official Source ↗
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15 U.S.C. § 1844
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The statutory text of 15 U.S.C. § 1844 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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