§ 2702. Loans for feasibility studies
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/usc/title-16/section-2702A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Loan authority The Secretary, after consultation with the Commission, is authorized to make a loan to any municipality, electric cooperative, industrial development agency, nonprofit organization, or other person to assist such person in defraying up to 90 percent of the costs of—
(1)studies to determine the feasibility of undertaking a small hydroelectric power project at an existing dam or dams and
(2)preparing any application for a necessary license or other Federal, State, and local approval respecting such a project at an existing dam or dams and of participating in any administrative proceeding regarding any such application.
(b)Cancellation The Secretary may cancel the unpaid balance and any accrued interest on any loan granted pursuant to this section if he determines on the basis of the study that the small hydroelectric power project would not be technically or economically feasible.
(Pub. L. 95–617, title IV, § 402, Nov. 9, 1978, 92 Stat. 3154.)
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- Public Law 108–137Making appropriations for energy and water development for the fiscal year ending September 30, 2004, and for other purposes
- Public Law 96–294To extend the Defense Production Act of 1950, and for other purposes
- Public Law 95–617To suspend until the close of June 30, 1980, the duty on certain doxorubicin hydrochloride antibiotics
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- Pub. L. 95–617, title IV, § 402
- 92 Stat. 3154
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§ 2702
Loans for feasibility studies
Stat.×3
U.S.C.×3
Stat. Comp.×1
Pub. L.Pub. L. 95–617, title IV, § 402
Stat.92 Stat. 3154
Cites 2Cited by 7 across 3 sources