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Code · STATUTE-COMPILATIONS · Rural Electrification Act of 1936 · Sec. 5

Sec. 5. FEES FOR CERTAIN LOAN GUARANTEES

118 words·~1 min read·/statute-compilations/comps-10315/sec-5

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## SEC. 5 FEES FOR CERTAIN LOAN GUARANTEES **[**[7 U.S.C. 905](/us/usc/t7/s905)**]** ###
(a)In General For electrification baseload generation loan guarantees, the Secretary shall, at the request of the borrower, charge an upfront fee to cover the costs of the loan guarantee. ###
(b)Fee The fee described in subsection
(a)for a loan guarantee shall be equal to the costs of the loan guarantee (within the meaning of section 502(5)(C) of the Federal Credit Reform Act of 1990 (2 U.S.C. 661a(5)(C))). ###
(c)Limitation Funds received from a borrower to pay the fee described in this section shall not be derived from a loan or other debt obligation that is made or guaranteed by the Federal Government.
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Sec. 5
FEES FOR CERTAIN LOAN GUARANTEES
U.S.C.§ 905
U.S.C.§ 661a
Cites 2Cited by 0 across 0 sources
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