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7 U.S.C. § 950cc–2

Use of loan proceeds to refinance loans for deployment of broadband service

United States · Title 7 — AGRICULTURE · Status: effective

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7 U.S.C. § 950cc–2, Use of loan proceeds to refinance loans for deployment of broadband service, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/429217
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Notwithstanding any other provision of this chapter, the proceeds of any loan made or guaranteed by the Secretary under this chapter may be used by the recipient of the loan for the purpose of refinancing an outstanding obligation of the recipient on another telecommunications loan made under this chapter, or on any other loan if that loan would have been for an eligible telecommunications purpose under this chapter.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.