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Code · BILL · 114th Congress · S. 1223 (Introduced in Senate) — To amend the Energy Policy Act of 2005 to improve the loan guarantee program for innovative technologies, and for oth... · Sec. 3

Sec. 3. Prohibition on subordination of debt

40 words·~1 min read·/bill/114/s/1223/is/section-3

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Section 1702(d)(3) of the Energy Policy Act of 2005 ( 42 U.S.C. 16512(d)(3) ) is amended by striking is not subordinate and inserting (including any reorganization, restructuring, or termination of the obligation) shall not at any time be subordinate .
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Sec. 3
Prohibition on subordination of debt
U.S.C.§ 16512
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