7 U.S.C. · Agriculture
7 U.S.C. § 950cc2

Use of loan proceeds to refinance loans for deployment of broadband service

Ch. 31 — RURAL ELECTRIFICATION AND TELEPHONE SERVICE
Title 7 U.S.C. ● ACTIVE Primary Source Ch. 31
Statutory Text

7 U.S.C. § 950cc2 — Use of loan proceeds to refinance loans for deployment of broadband service

U.S.C. Title 7 - AGRICULTURE 7 U.S.C. United States Code, 2023 Edition Title 7 - AGRICULTURE CHAPTER 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE SUBCHAPTER VII - GENERAL AND ADMINISTRATIVE PROVISIONS Sec. 950cc-2 - Use of loan proceeds to refinance loans for deployment of broadband service From the U.S. Government Publishing Office, www.gpo.gov

§950cc–2. Use of loan proceeds to refinance loans for deployment of broadband service

Notwithstanding any other provision of this chapter, the proceeds of any loan made or guaranteed by the Secretary under this chapter may be used by the recipient of the loan for the purpose of refinancing an outstanding obligation of the recipient on another telecommunications loan made under this chapter, or on any other loan if that loan would have been for an eligible telecommunications purpose under this chapter.

(May 20, 1936, ch. 432, title VII, §703, as added Pub. L. 115–334, title VI, §6209, Dec. 20, 2018, 132 Stat. 4743.)

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The statutory text of 7 U.S.C. § 950cc2 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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