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7 U.S.C. § 906a — Use of funds outside the United States or its territories prohibited
Federal law — U.S. Code and appendices · legal_authorities
No funds provided under the Rural Electrification Act of 1936, as amended [[7 U.S.C. 901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section901&num=0&edition=prelim) et seq.], shall be used outside the United States or any of its territories.
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Source location: Title 7, Chapter 31, § 906a; chapter-031-rural-electrification-and-telephone-service.md
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No funds provided under the Rural Electrification Act of 1936, as amended [[7 U.S.C. 901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section901&num=0&edition=prelim) et seq.], shall be used outside the United States or any of its territories.
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Federal law — U.S. Code and appendices · legal_authorities
It is hereby declared to be the policy of the Congress that adequate funds should be made available to rural electric and telephone systems through direct, insured and guaranteed loans at interest rates which will allow them to achieve the objectives of the Rural Electrification Act of 1936, as amended [[7 U.S.C. 901](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title7-section901&num=0&edition=prelim) et seq.], and that such rural electric and telephone systems should be encouraged and assisted to develop their resources and ability to achieve the financial strength needed to enable them to satisfy their credit needs from their own financial organizations and other sources at reasonable rates and terms consistent with the loan applicant’s ability to pay and achievement of the Act’s objectives.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 930
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Federal law — U.S. Code and appendices · legal_authorities
This chapter may be cited as the “Rural Electrification Act of 1936”.
Source: Supplied U.S. Code snapshot — release unconfirmed · 7 U.S.C. § 901
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Federal law — U.S. Code and appendices · legal_authorities
Page 518
TITLE 7—AGRICULTURE
§ 901
Sec.
918b.
Acquisition of existing systems in rural com-
munities with high energy costs.
918c.
Rural and remote communities electrifica-
tion grants.
SUBCHAPTER II—RURAL TELEPHONE SERVICE
921.
Congressional declaration of policy.
921a, 921b. Repealed.
922.
Loans for telephone service.
923.
State regulation of telephone service.
924.
Definition of telephone service and rural
area.
925.
Loan feasibility.
926.
Certain rural development investments by
qualified telephone borrowers not treated
as dividends or distributions.
927.
General duties and prohibitions.
928.
Prompt processing of telephone loans.
SUBCHAPTER III—RURAL ELECTRIC AND
TELEPHONE DIRECT LOAN PROGRAMS
930.
Congressional declaration of policy.
931.
Rural Electrification and Telephone Revolv-
ing Fund.
931a.
Level of loan programs under Rural Elec-
trification and Telephone Revolving Fund.
932.
Liabilities and uses of Rural Electrification
and Telephone Revolving Fund.
933.
Moneys in the Rural Electrification and Tele-
phone Revolving Fund.
934.
Authorized financial transactions; interim
notes; purchase of obligations for resale;
sale of notes and certificates; liens.
935.
Insured loans; interest rates and lending lev-
els.
936.
Guaranteed loans; accommodation and subor-
dination of liens; interest rates; assign-
ability of guaranteed loans and related
guarantees.
936a.
Prepayment of loans.
936b.
Sale or prepayment of direct or insured loans.
936c.
Refinancing and prepayment of FFB loans.
936d.
Eligibility
of
distribution
borrowers
for
loans, loan guarantees, and lien accom-
modations.
936e.
Administrative prohibitions applicable to cer-
tain electric borrowers.
936f.
Substantially underserved trust areas.
937.
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 901
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Federal law — U.S. Code and appendices · legal_authorities
Page 522
TITLE 7—AGRICULTURE
§ 905
Pub. L. 110–246, § 6101, inserted ‘‘efficiency and’’ before
‘‘conservation’’ in first sentence.
1996—Pub. L. 104–127, in first sentence, struck out
‘‘for the furnishing of electric energy to persons in
rural areas who are not receiving central station serv-
ice and’’ after ‘‘transmission and distribution lines or
systems’’ and substituted ‘‘section 903 of this title,’’ for
‘‘the provisions of sections 903(d) and 903(e) of this title
but without regard to the 25 per centum limitation
therein contained,’’, in second sentence, substituted
‘‘, except that’’ for ‘‘: Provided, further, That all such
loans shall be self-liquidating within a period of not to
exceed thirty-five years, and shall bear interest at the
rate of 2 per centum per annum; interest rates on the
unmatured and unpaid balance of any loans made pur-
suant to this section prior to September 21, 1944, shall
be adjusted to 2 per centum per annum, and the matu-
rity date of any such loans may be readjusted to occur
at a date not beyond thirty-five years from the date of
such loan: And provided further, That’’, and in third sen-
tence, struck out ‘‘and section 905 of this title’’ before
‘‘shall not be made’’.
1994—Pub. L. 103–354 substituted ‘‘Secretary’’ for ‘‘Ad-
ministrator’’.
1993—Pub. L. 103–129 inserted ‘‘and for the furnishing
and improving of electric service to persons in rural
areas, including by assisting electric borrowers to im-
plement demand side management, energy conserva-
tion programs, and on-grid and off-grid renewable en-
ergy systems’’ after ‘‘central station service’’.
1955—Act June 15, 1955, substituted ‘‘25 per centum’’
for ‘‘10 per centum’’.
1949—Act Oct. 28, 1949, inserted ‘‘for rural electrifica-
tion’’ after ‘‘to make loans’’ i
Source: Supplied 2024 U.S. Code historical extraction · 7 U.S.C. § 906a
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