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48 U.S.C. · Territories and Insular Possessions
48 U.S.C. § 1690

Loans from Trust Territory of the Pacific Islands Economic Loan Fund; restrictions; guarantees

Ch. 14 — TRUST TERRITORY OF THE PACIFIC ISLANDS
Title 48 U.S.C. ● ACTIVE Primary Source Ch. 14
Statutory Text

48 U.S.C. § 1690 — Loans from Trust Territory of the Pacific Islands Economic Loan Fund; restrictions; guarantees

U.S.C. Title 48 - TERRITORIES AND INSULAR POSSESSIONS 48 U.S.C. United States Code, 2023 Edition Title 48 - TERRITORIES AND INSULAR POSSESSIONS CHAPTER 14 - TRUST TERRITORY OF THE PACIFIC ISLANDS Sec. 1690 - Loans from Trust Territory of the Pacific Islands Economic Loan Fund; restrictions; guarantees From the U.S. Government Publishing Office, www.gpo.gov

§1690. Loans from Trust Territory of the Pacific Islands Economic Loan Fund; restrictions; guarantees

No loan or loan guarantee shall be made under sections 1688 to 1693 of this title to any applicant who does not satisfy the territorial administering agency that financing is otherwise unavailable on reasonable terms and conditions. No loan or loan guarantee shall exceed (1) the amount which can reasonably be expected to be repaid, (2) the minimum amount necessary to accomplish the purposes of sections 1688 to 1693 of this title, or 25 per centum of the funds appropriated pursuant to section 1688 of this title. No loan guarantee shall guarantee more than 90 per centum of the outstanding amount of any loan, and the reserves maintained to guarantee the loan shall not be less than 25 per centum of the guarantee.

(Pub. L. 92–257, §3, Mar. 21, 1972, 86 Stat. 87.)

Source: uscode.house.gov — public domain Official Source ↗
Root-LD Entity Data
◈ Machine-Readable Provenance Record Root-LD v1.0 · boisestandard.org
Federation ID
BS-USC48-SEC-748777
Entity Class
STATUTE / FEDERAL-CODE-SECTION
Domain Signature
boisestandard.org
Citation
48 U.S.C. § 1690
Jurisdiction
Federal — United States
Status
✓ ACTIVE
Source
PRIMARY-SOURCE
Source Verified
✓ TRUE
Content Hash
00fd7de4d53b7124...
Semantic Edges
Pending — corpus passes queued
The statutory text of 48 U.S.C. § 1690 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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← 48 U.S.C. § 1689 48 U.S.C. § 1691 →
Ch. 14 — TRUST TERRITORY OF THE PACIFIC ISLANDS
48 U.S.C. § 168148 U.S.C. § 1681a48 U.S.C. § 1681b48 U.S.C. § 1681c48 U.S.C. § 168248 U.S.C. § 168348 U.S.C. § 168448 U.S.C. § 168548 U.S.C. § 168648 U.S.C. § 168848 U.S.C. § 168948 U.S.C. § 169048 U.S.C. § 169148 U.S.C. § 169248 U.S.C. § 169348 U.S.C. § 169448 U.S.C. § 1695
48 U.S.C. — public domain ← All Legislation
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boisestandard.org → United States → Law → U.S. Code → Title 48 → 48 U.S.C. § 1690