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15 U.S.C. § 1844

Security for loan guarantees

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

Banking, Finance & Insurance
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15 U.S.C. § 1844, Security for loan guarantees, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/441387
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In negotiating a loan guarantee under this chapter, the Board shall make every effort to arrange that the payment of the principal of and interest on any plan guaranteed shall be secured by sufficient property of the enterprise to collateralize fully the amount of the loan guarantee.

Legislative history

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