Sec. 258. Efficiency of AIFA
85 words·~1 min read·
/bill/113/hr/2821/ih/section-258A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The chief executive officer shall, to the extent possible, take actions consistent with this Act to minimize the risk and cost to the Government of AIFA activities. Fees and premiums for loan guarantee or insurance coverage will be set at levels that minimize administrative and Federal credit subsidy costs to the Government, as defined in section 502 of the Federal Credit Reform Act of 1990, of such coverage, while supporting achievement of the program’s objectives, consistent with policies as set forth in the business plan.