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Code · U.S. Code · Title 15 - COMMERCE AND TRADE · CHAPTER 45— EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES · § 1844

§ 1844. Security for loan guarantees

58 words·~1 min read·/usc/title-15/section-1844

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In negotiating a loan guarantee under this chapter, the Board shall make every effort to arrange that the payment of the principal of and interest on any plan guaranteed shall be secured by sufficient property of the enterprise to collateralize fully the amount of the loan guarantee.
(Pub. L. 92–70, § 5, Aug. 9, 1971, 85 Stat. 179.)
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  • Pub. L. 92–70, § 5
  • 85 Stat. 179
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§ 1844
Security for loan guarantees
Stat. Comp.×1
Pub. L.Pub. L. 92–70, § 5
Stat.85 Stat. 179
Cites 2Cited by 1 across 1 source
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