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Code · U.S. Code · Title 30 - MINERAL LANDS AND MINING · CHAPTER 27— GEOTHERMAL ENERGY · SUBCHAPTER I— PROJECT LOANS · § 1512

§ 1512. Loan size limitation

117 words·~1 min read·/usc/title-30/section-1512

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The amount of any loan made under section 1511(a) of this title with respect to a project described in that section shall not exceed 50 percent of the cost of such project; except that if the loan is made to a person proposing to make application of the resources of the reservoir involved primarily for space heating or cooling or process heat for one or more structures or facilities then existing or under construction, the loan may be in any amount up to 90 per centum of such cost. In any event no loan shall be made in an amount in excess of $3,000,000.
(Pub. L. 96–294, title VI, § 612, June 30, 1980, 94 Stat. 764.)
Connections2 cite this · traces to 1
2 references not yet in our index
  • Pub. L. 96–294, title VI, § 612
  • 94 Stat. 764
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cites case law
§ 1512
Loan size limitation
Stat. Comp.×1
Stat.×1
Pub. L.Pub. L. 96–294, title VI, § 612
Stat.94 Stat. 764
Cites 3Cited by 2 across 2 sources
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