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15 U.S.C. § 690d

Debentures

United States · Title 15 — COMMERCE AND TRADE · Status: effective

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15 U.S.C. § 690d, Debentures, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/440605
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The Administrator may guarantee the timely payment of principal and interest, as scheduled, on debentures issued by any Renewable Fuel Capital Investment company. The Administrator may make guarantees under this section on such terms and conditions as it determines appropriate, except that— a debenture guaranteed under this section— The full faith and credit of the United States is pledged to pay all amounts that may be required to be paid under any guarantee under this part. Under this section, the Administrator may guarantee the debentures issued by a Renewable Fuel Capital Investment company only to the extent that the total face amount of outstanding guaranteed debentures of such company does not exceed 150 percent of the private capital of the company, as determined by the Administrator. For the purposes of paragraph (1), private capital shall include capital that is considered to be Federal funds, if such capital is contributed by an investor other than a department or agency of the Federal Government.

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. The law that originally enacted this section predates the public laws loaded here, so only later amendments are listed.