U.S Code last checked for updates: Nov 22, 2024
§ 1463.
Repayment of loan; financing from other sources

Loans may be made only when, in the judgment of the Secretary, there is a reasonable prospect of repayment, and only to applicants who in the opinion of the Secretary are unable to obtain financing from other sources on reasonable terms and conditions.

(Pub. L. 93–262, title I, § 103, Apr. 12, 1974, 88 Stat. 78.)
cite as: 25 USC 1463