US Code (LII)
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43 U.S.C. § 2434 — Termination of authority
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(a) In general Subject to subsection (b), the authority of the Secretary to carry out this subchapter terminates on the date that is 10 years after December 22, 2006 . (b) Exception The termination of authority under subsection (a) shall have no effect on— (1) any loans guaranteed by the United States under this subchapter; or (2) the administration of any loan guaranteed under this subchapter before the effective date of the termination of authority. ( Pub. L. 109–451, title II, § 215 , Dec. 22, 2006 , 120 Stat. 3361 .)
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