ABOUT 922 LOANS

About 922 loans

About 922 loans

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(vi) The strategy will have to supply for these added prerequisites for provider standards as can be expected by the Secretary.

(one) give advice and advice to electric powered borrowers less than this chapter in regards to the efficient and prudent use by these types of borrowers in the financial commitment authority underneath section 940b of this title to advertise rural growth;

Besides as offered normally During this chapter, the time period "rural spot" signifies the farm and nonfarm populace of—

For uses of figuring out irrespective of whether to supply guidance for a task underneath this section, the Secretary shall use requirements which have been technologically neutral.

inserted provisions prohibiting Administrator from delivering guidance to phone borrower Until borrower precisely applies therefor.

To make certain the Secretary has the assets required to adequately analyze the proposed guarantees, the Secretary may Restrict the volume of ensures issued below this section to five annually.

The borrower shall spend the rate essential under this part at the time the present ensure is prolonged by creating a payment in the quantity of the demanded charge.

(3) Discover and quantify The supply of broadband company and ongoing broadband deployment in rural locations, like tips on how to do the subsequent:

(four) work as an information and facts clearinghouse and conduit to deliver information to electrical and phone borrowers under this chapter regarding practical and effective rural growth efforts that these kinds of borrowers may desire to use of their areas of operation and about Point out, regional, or nearby options for very long-time period rural financial development;

(ii) the volume of quarterly payment dates amongst the initial quarterly payment date that happens 12 decades after the finish of your yr where the amount getting refinanced was advanced plus the maturity day from the bank loan progress; and

struck out at conclude "On or just before February fifteen, of each and every calendar yr commencing with calendar yr 1976, or such other date as may be specified by the suitable committee, the Secretary of Agriculture shall testify ahead of the Residence Committee on Agriculture and the Senate Committee on Agriculture, Diet, and Forestry and supply justification intimately of the amount requested during the price range to generally be appropriated for the next fiscal yr for the goal of administering this chapter and for the goal of producing the experiments, investigations, publications, and reviews herein approved."

All proceeds with the repayment of this sort of loans created underneath this portion shall be returned towards the subaccount that the Secretary shall manage in accordance with sections 940c(b)(2) and 940c–2(file) of the title.

integrated the transmission of Seems, alerts, photographs, writing, or signs of every kind inside "phone service", and substituted "concept telegram company or Neighborhood antenna television method providers or amenities apart from All those intended exclusively for academic applications" for "telegraph providers or services".

(three) be the trigger, specifically or indirectly, of imposing any requirement or restriction about the borrower as a problem in the help, besides these types of needs or constraints as are important to apply a credit card debt restructuring agreed on by the more info ability offer borrower and The federal government.

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