38 U.S.C. · Veterans' Benefits
38 U.S.C. § 3746

Maturity of loans

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

38 U.S.C. § 3746 — Maturity of 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. 3746 - Maturity of loans From the U.S. Government Publishing Office, www.gpo.gov

§3746. Maturity of loans

The maturity of a loan made or guaranteed under this subchapter that is used in whole or in part for the construction, conversion, or expansion of facilities or for acquisition of real property may not exceed twenty years plus such additional reasonable time as the Secretary may determine, at the time the loan is made, is required to complete the construction, acquisition, or expansion of such facilities. The maturity of any other loan made or guaranteed under this subchapter may not exceed ten years.

(Added Pub. L. 97–72, title III, §302(a), Nov. 3, 1981, 95 Stat. 1058, §1846; amended Pub. L. 101–237, title III, §313(b)(1), Dec. 18, 1989, 103 Stat. 2077; renumbered §3746, Pub. L. 102–83, §5(a), Aug. 6, 1991, 105 Stat. 406.)

Editorial Notes

Amendments 1991—Pub. L. 102–83 renumbered section 1846 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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The statutory text of 38 U.S.C. § 3746 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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