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U.S Code last checked for updates: Nov 22, 2024
All Titles
Title 7
Chapter 31
Subchapter III
§ 940g. Electric loans for renew...
§ 940i. Cybersecurity and grid s...
§ 940g. Electric loans for renew...
§ 940i. Cybersecurity and grid s...
U.S. Code
Notes
§ 940h.
Bonding requirements
The Secretary shall review the bonding requirements for all programs administered by the Rural Utilities Service under this chapter to ensure that bonds are not required if—
(1)
the interests of the Secretary are adequately protected by product warranties; or
(2)
the costs or conditions associated with a bond exceed the benefit of the bond.
(
May 20, 1936, ch. 432
, title III, § 318, as added
Pub. L. 110–234, title VI, § 6109
,
May 22, 2008
,
122 Stat. 1198
, and
Pub. L. 110–246, § 4(a)
, title VI, § 6109,
June 18, 2008
,
122 Stat. 1664
, 1960.)
cite as:
7 USC 940h
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