US Code (LII)
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7 U.S.C. § 940b — Use of funds
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A borrower of an insured or guaranteed electric loan under this chapter may, without restriction or prior approval of the Secretary , invest its own funds or make loans or guarantees, not in excess of 15 percent of its total utility plant. (May 20, 1936, ch. 432, title III, § 312, as added Pub. L. 100–203, title I, § 1402 , Dec. 22, 1987 , 101 Stat. 1330–21 ; amended Pub. L. 103–354, title II, § 235(a)(13) , Oct. 13, 1994 , 108 Stat. 3221 .) Editorial Notes Amendments 1994— Pub. L. 103–354 substituted “Secretary” for “Administrator”. CFR Title Parts 7 1786 , 1787
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