U.S. CODE
Rulings
AD/CVD
Notices
HTSUS
U.S. Code
Regs
More
Ports
About
Updates
Apps
Larger font
Smaller font
CustomsMobile Pro
beta now open!
Apply for a FREE beta account. Spaces are limited so apply today.
SIGNUP FOR BETA
SEARCH
Toggle Dropdown
Search US Code
Search Leg. Notes
Sort by Rank
Titles Ascending
Titles Descending
10 per page
25 Result/page
50 Result/page
U.S Code last checked for updates: Jan 30, 2025
All Titles
Title 7
Chapter 31
Subchapter III
§ 940e. Expansion of 911 access...
§ 940g. Electric loans for renew...
§ 940e. Expansion of 911 access...
§ 940g. Electric loans for renew...
U.S. Code
Notes
§ 940f.
Extension of period of existing guarantee
(a)
In general
(b)
Limitations
(1)
Feasibility and security
(2)
Extension of useful life or collateral
Extensions under this section shall not be granted unless the borrower first submits with its request either—
(A)
evidence satisfactory to the Secretary that a Federal or State agency with jurisdiction and expertise has made an official determination, such as through a licensing proceeding, extending the useful life of a generating plant or transmission line pledged as collateral to or beyond the new final maturity date being requested by the borrower, or
(B)
a certificate from an independent licensed engineer concluding, on the basis of a thorough engineering analysis satisfactory to the Secretary, that the useful life of the generating plant or transmission line pledged as collateral extends to or beyond the new final maturity date being requested by the borrower.
(3)
Amount eligible for extension
(4)
Period of extension
(5)
Number of extensions
(c)
Fees
(1)
In general
(2)
Amount
(3)
Payment
(
May 20, 1936, ch. 432
, title III, § 316, as added
Pub. L. 109–97, title VII, § 774
,
Nov. 10, 2005
,
119 Stat. 2160
.)
cite as:
7 USC 940f
.list_box li,p,.cm-search-info,.cm-search-detail,.abt span,.expand-collapse_top
Get the CustomsMobile app!