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Code · U.S. Code · Title 7 - AGRICULTURE · CHAPTER 31— RURAL ELECTRIFICATION AND TELEPHONE SERVICE · SUBCHAPTER III— RURAL ELECTRIC AND TELEPHONE DIRECT LOAN PROGRAMS · § 931

§ 931. Rural Electrification and Telephone Revolving Fund

799 words·~4 min read·/usc/title-7/section-931

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There is hereby established in the Treasury of the United States a fund, to be known as the Rural Electrification and Telephone Revolving Fund (hereinafter referred to as the “fund”), consisting of:
(1)all notes, bonds, obligations, liens, mortgages, and property delivered or assigned to the Secretary pursuant to loans heretofore or hereafter made under sections 904, 905,1 and 922 of this title and under this subchapter, as of May 11, 1973, and all proceeds from the sales hereunder of such notes, bonds, obligations, liens, mortgages, and property, which shall be transferred to and be assets of the funds;
(2)undisbursed balances of electric and telephone loans made under sections 904, 905,1 and 922 of this title, which as of May 11, 1973, shall be transferred to and be assets of the fund;
(3)all collections of principal and interest received on and after July 1, 1972, on notes, bonds, judgments, or other obligations made or held under subchapters I and II of this chapter and under this subchapter, which shall be paid into and be assets of the fund;
(4)all appropriations for interest subsidies and losses required under this subchapter which may hereafter be made by the Congress and the unobligated balances of any funds made available for loans under the item “Rural Electrification Administration” in the Department of Agriculture and Agriculture-Environmental and Consumer Protection Appropriations Acts; or
(5)moneys borrowed from the Secretary of the Treasury pursuant to section 934(a) of this title.
(May 20, 1936, ch. 432, title III, § 301, as added Pub. L. 92–12, § 2, May 7, 1971, 85 Stat. 29; amended Pub. L. 93–32, § 2, May 11, 1973, 87 Stat. 66; Pub. L. 94–570, § 2, Oct. 20, 1976, 90 Stat. 2701; Pub. L. 103–354, title II, § 235(a)(13), Oct. 13, 1994, 108 Stat. 3221; Pub. L. 104–127, title VII, § 772(b)(1), Apr. 4, 1996, 110 Stat. 1149; Pub. L. 115–334, title VI, § 6602(b)(7), Dec. 20, 2018, 132 Stat. 4776.)
Connections39 cite this · traces to 6
Cited by 39 sections · top 36
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25 references not yet in our index
  • 1
  • May 20, 1936, ch. 432
  • Pub. L. 92–12, § 2
  • 85 Stat. 29
  • Pub. L. 93–32, § 2
  • 87 Stat. 66
  • Pub. L. 94–570, § 2
  • 90 Stat. 2701
  • Pub. L. 103–354, title II, § 235(a)(13)
  • 108 Stat. 3221
  • Pub. L. 104–127, title VII, § 772(b)(1)
  • 110 Stat. 1149
  • 132 Stat. 4776
  • Pub. L. 104–127, title VII, § 774(a)
  • 110 Stat. 1150
  • section 946(a) of this title
  • Pub. L. 104–127
  • Pub. L. 103–354
  • Pub. L. 94–570
  • Pub. L. 93–32
  • section 4 of Pub. L. 94–570
  • section 12 of Pub. L. 93–32
  • Pub. L. 92–12, § 7
  • 85 Stat. 37
  • Pub. L. 92–12, § 6
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cites case law
§ 931
Rural Electrification and Telephone Revolving Fund
Bills×21
Stat.×9
U.S.C.×4
Stat. Comp.×3
Pub. L.×2
Cite1
ActMay 20, 1936, ch. 432
Pub. L.Pub. L. 92–12, § 2
Stat.85 Stat. 29
Pub. L.Pub. L. 93–32, § 2
Cites 31 · showing 11Cited by 39 across 5 sources
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