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42 U.S.C. · The Public Health and Welfare
42 U.S.C. § 291j4

Payment of interest on guaranteed loans

Ch. 6A — PUBLIC HEALTH SERVICE
Title 42 U.S.C. ● ACTIVE Primary Source Ch. 6A
Statutory Text

42 U.S.C. § 291j4 — Payment of interest on guaranteed loans

U.S.C. Title 42 - THE PUBLIC HEALTH AND WELFARE 42 U.S.C. United States Code, 2023 Edition Title 42 - THE PUBLIC HEALTH AND WELFARE CHAPTER 6A - PUBLIC HEALTH SERVICE SUBCHAPTER IV - CONSTRUCTION AND MODERNIZATION OF HOSPITALS AND OTHER MEDICAL FACILITIES Part B - Loan Guarantees and Loans for Modernization and Construction of Hospitals and Other Medical Facilities Sec. 291j-4 - Payment of interest on guaranteed loans From the U.S. Government Publishing Office, www.gpo.gov

§291j–4. Payment of interest on guaranteed loans

(a) Subject to the provisions of subsection (b), in the case of a guarantee of any loan to a nonprofit private agency under this part with respect to a hospital or other medical facility, the Secretary shall pay, to the holder of such loan and for and on behalf of such hospital or other medical facility amounts sufficient to reduce by 3 per centum per annum the net effective interest rate otherwise payable on such loan. Each holder of a loan, to a nonprofit private agency, which is guaranteed under this part shall have a contractual right to receive from the United States interest payments required by the preceding sentence. (b) Contracts to make the payments provided for in this section shall not carry an aggregate amount greater than such amount as may be provided in appropriations Acts.

(July 1, 1944, ch. 373, title VI, §624, as added Pub. L. 91–296, title II, §201, June 30, 1970, 84 Stat. 347.)

Source: uscode.house.gov — public domain Official Source ↗
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Federation ID
BS-USC42-SEC-46ADEA
Entity Class
STATUTE / FEDERAL-CODE-SECTION
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boisestandard.org
Citation
42 U.S.C. § 291j4
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
19831e8a7aeb83d1...
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Pending — corpus passes queued
The statutory text of 42 U.S.C. § 291j4 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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← 42 U.S.C. § 291j3 42 U.S.C. § 291j5 →
Ch. 6A — PUBLIC HEALTH SERVICE
42 U.S.C. § 20142 U.S.C. § 20242 U.S.C. § 20342 U.S.C. § 20442 U.S.C. § 204a42 U.S.C. § 20542 U.S.C. § 20642 U.S.C. § 20742 U.S.C. § 20842 U.S.C. § 20942 U.S.C. § 209a42 U.S.C. § 209c42 U.S.C. § 209d42 U.S.C. § 21042 U.S.C. § 210142 U.S.C. § 210a42 U.S.C. § 210b42 U.S.C. § 21142 U.S.C. § 211a42 U.S.C. § 211b42 U.S.C. § 211c42 U.S.C. § 21242 U.S.C. § 212a42 U.S.C. § 212b42 U.S.C. § 21342 U.S.C. § 213a42 U.S.C. § 21442 U.S.C. § 214a42 U.S.C. § 21542 U.S.C. § 216
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