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§ 1463. Repayment of loan; financing from other sources

Type Statute
Publication 2024-06-06
State In force
Department United States Congress
Source OLRC
Reform history JSON API
§ 1463. Repayment of loan; financing from other sources

Loans may be made only when, in the judgment of the Secretary, there is a reasonable prospect of repayment, and only to applicants who in the opinion of the Secretary are unable to obtain financing from other sources on reasonable terms and conditions.

(Pub. L. 93–262, title I, § 103, Apr. 12, 1974, 88 Stat. 78.)

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