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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 09:52:37 -04:00

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LegalText 7 U.S.C. § 925 Loan feasibility us united_states_code code_section 7 AGRICULTURE 31 RURAL ELECTRIFICATION AND TELEPHONE SERVICE 925 7 U.S.C. § 925 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc07@119-100.zip /us/usc/t7/s925 data/legal/raw/us/code/title-07/usc07.xml c35208b687dd6a3d1b50cf3d23c4538496cd3f70e9e82f4e3580e4d7edeffedc 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 6812683ff8710143793234b28bffa48dba46610db2c024af6b62c790a7b9795b 2026-07-04 official
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7 U.S.C. § 925 - Loan feasibility

Text

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 applicants customers or subscribers; or

(2) increase the applicants ratio of—

(A) net income or margins before interest; to

(B) the interest requirements on all of the applicants outstanding and proposed loans.

(May 20, 1936, ch. 432, title II, § 204, as added Pub. L. 101624, title XXIII, § 2355, Nov. 28, 1990, 104 Stat. 4039; amended Pub. L. 103354, title II, § 235(a)(13), Oct. 13, 1994, 108 Stat. 3221; Pub. L. 115334, title VI, § 6602(b)(2), Dec. 20, 2018, 132 Stat. 4776.)

Notes

Editorial Notes

Amendments2018—Pub. L. 115334 struck out “and the Governor of the telephone bank” after “The Secretary” in introductory provisions. 1994—Pub. L. 103354 substituted “Secretary” for “Administrator”.