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Code · STATUTE-COMPILATIONS · Rural Electrification Act of 1936 · Sec. 8

Sec. 8. LIMITATIONS ON USE OF ASSISTANCE

160 words·~1 min read·/statute-compilations/comps-10315/sec-8

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## SEC. 8 LIMITATIONS ON USE OF ASSISTANCE **[**[7 U.S.C. 908](/us/usc/t7/s908)**]** ###
(a)Subject to subsections
(b)and
(c)of this section, the Secretary may allow a recipient of a grant, loan, or loan guarantee under this title to set aside not more than 10 percent of the amount so received to provide retail broadband service. ###
(b)A recipient who sets aside funds under subsection
(a)of this section may use the funds only in an area that is not being provided with the minimum acceptable level of broadband service established under section 601(e), unless the recipient meets the requirements of section 601(d). ###
(c)Nothing in this section shall be construed to limit the ability of any borrower to finance or deploy services authorized under this Act. ###
(d)The Secretary shall not provide funding under subsection
(a)if the funding would result in competitive harm to any grant, loan, or loan guarantee referred to in subsection (a).
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Sec. 8
LIMITATIONS ON USE OF ASSISTANCE
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