Sec. 10. CATEGORIZATION OF PURPOSE OF LOANS AND LONG-TERM GUARANTEES IN ANNUAL REPORT
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## SEC. 10 CATEGORIZATION OF PURPOSE OF LOANS AND LONG-TERM GUARANTEES IN ANNUAL REPORT Section 8 of the Export-Import Bank Act of 1945 (12 U.S.C. 635g), as amended by section 6 of this Act, is amended by adding at the end the following: > > ### “(h) Categorization of Purpose of Loans and Long-term Guarantees > > In the annual report of the Bank under subsection (a), the Bank shall categorize each loan and long-term guarantee made by the Bank in the fiscal year covered by the report, and according to the following purposes: > > > #### “(1) > > ‘To assume commercial or political risk that exporter or private financial institutions are unwilling or unable to undertake’. > > > #### “(2) > > ‘To overcome maturity or other limitations in private sector export financing’. > > > #### “(3) > > ‘To meet competition from a foreign, officially sponsored, export credit competition’. > > > #### “(4) > > ‘Not identified’, and the reason why the purpose is not identified.” > .
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Sec. 10
CATEGORIZATION OF PURPOSE OF LOANS AND LONG-TERM GUARANTEES IN ANNUAL REPORT
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