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38 U.S.C. · Veterans' Benefits
38 U.S.C. § 3743

Liability on loans

Ch. 37 — HOUSING AND SMALL BUSINESS LOANS
Title 38 U.S.C. ● ACTIVE Primary Source Ch. 37
Statutory Text

38 U.S.C. § 3743 — Liability on loans

U.S.C. Title 38 - VETERANS' BENEFITS 38 U.S.C. United States Code, 2023 Edition Title 38 - VETERANS' BENEFITS PART III - READJUSTMENT AND RELATED BENEFITS CHAPTER 37 - HOUSING AND SMALL BUSINESS LOANS SUBCHAPTER IV - SMALL BUSINESS LOANS Sec. 3743 - Liability on loans From the U.S. Government Publishing Office, www.gpo.gov

§3743. Liability on loans

Each individual who has an ownership interest in a veterans' small business concern that is provided a direct loan under this subchapter, or that obtains a loan guaranteed under this subchapter, shall execute a note or other document evidencing the direct or guaranteed business loan, and such individuals shall be jointly and severally liable to the United States for the amount of such direct loan or, in the case of a guaranteed loan, for any amount paid by the Secretary on account of such loan.

(Added Pub. L. 97–72, title III, §302(a), Nov. 3, 1981, 95 Stat. 1057, §1843; amended Pub. L. 101–237, title III, §313(b)(1), Dec. 18, 1989, 103 Stat. 2077; renumbered §3743, Pub. L. 102–83, §5(a), Aug. 6, 1991, 105 Stat. 406.)

Editorial Notes

Amendments 1991—Pub. L. 102–83 renumbered section 1843 of this title as this section. 1989—Pub. L. 101–237 substituted "Secretary" for "Administrator".

Source: uscode.house.gov — public domain Official Source ↗
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◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC38-SEC-E6AFB2
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
38 U.S.C. § 3743
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
f3198e738ea1caa3...
Semantic Edges
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The statutory text of 38 U.S.C. § 3743 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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← 38 U.S.C. § 3742 38 U.S.C. § 3744 →
Ch. 37 — HOUSING AND SMALL BUSINESS LOANS
38 U.S.C. § 370138 U.S.C. § 370238 U.S.C. § 370338 U.S.C. § 370438 U.S.C. § 370538 U.S.C. § 370638 U.S.C. § 370738 U.S.C. § 3707A38 U.S.C. § 370838 U.S.C. § 370938 U.S.C. § 371038 U.S.C. § 371138 U.S.C. § 371238 U.S.C. § 371338 U.S.C. § 371438 U.S.C. § 371538 U.S.C. § 372038 U.S.C. § 372138 U.S.C. § 372238 U.S.C. § 372338 U.S.C. § 372638 U.S.C. § 372738 U.S.C. § 372838 U.S.C. § 372938 U.S.C. § 373038 U.S.C. § 373138 U.S.C. § 373238 U.S.C. § 373338 U.S.C. § 373438 U.S.C. § 3735
38 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 38 → 38 U.S.C. § 3743