U.S.C. Title 7 - AGRICULTURE 7 U.S.C. United States Code, 2024 Edition Title 7 - AGRICULTURE CHAPTER 31 - RURAL ELECTRIFICATION AND TELEPHONE SERVICE SUBCHAPTER II - RURAL TELEPHONE SERVICE Sec. 925 - Loan feasibility From the U.S. Government Publishing Office, www.gpo.gov §925. Loan feasibility The Secretary may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to— (1) increase the rates charged to the applicant's customers or subscribers; or (2) increase the applicant's ratio of— (A) net income or margins before interest; to (B) the interest requirements on all of the applicant's outstanding and proposed loans. (May 20, 1936, ch. 432, title II, §204, as added Pub. L. 101–624, title XXIII, §2355, Nov. 28, 1990, 104 Stat. 4039; amended Pub. L. 103–354, title II, §235(a)(13), Oct. 13, 1994, 108 Stat. 3221; Pub. L. 115–334, title VI, §6602(b)(2), Dec. 20, 2018, 132 Stat. 4776.) Editorial Notes Amendments 2018—Pub. L. 115–334 struck out "and the Governor of the telephone bank" after "The Secretary" in introductory provisions. 1994—Pub. L. 103–354 substituted "Secretary" for "Administrator".
7 U.S.C. § 925
§925. Loan feasibility
Edition 2024