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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. § 939 Loan terms and conditions us united_states_code code_section 7 AGRICULTURE 31 RURAL ELECTRIFICATION AND TELEPHONE SERVICE 939 7 U.S.C. § 939 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/s939 data/legal/raw/us/code/title-07/usc07.xml efd101618ead735bf34584294b7271d95ade8c4994eb6102aae82ac5ce65b6b3 50edab1679a711653797362c0aeb8f2273303fe473fb7fa16df1ee76bdd6e984 985d0a9cb0d948a6a49d81eafb1e4d53c0ea5fe1fb988d95fdae2b625355c1df 2026-07-04 official
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7 U.S.C. § 939 - Loan terms and conditions

Text

Loans made from or insured through the fund shall be for the same purposes and on the same terms and conditions as are provided for loans in subchapters I and II of this chapter except as otherwise provided in sections 933 to 938 inclusive.

(May 20, 1936, ch. 432, title III, § 309, as added Pub. L. 9332, § 2, May 11, 1973, 87 Stat. 70; amended Pub. L. 101624, title XXIII, § 2360, Nov. 28, 1990, 104 Stat. 4042; Pub. L. 103129, § 2(b)(2), Nov. 1, 1993, 107 Stat. 1363; Pub. L. 104127, title VII, § 779, Apr. 4, 1996, 110 Stat. 1151; Pub. L. 115334, title VI, § 6602(b)(11), Dec. 20, 2018, 132 Stat. 4777.)

Notes

Editorial Notes

Amendments2018—Pub. L. 115334 struck out at end “The preceding sentence shall not be construed to make section 948(b)(2) or 950b of this title applicable to this subchapter.” 1996—Pub. L. 104127 struck out subsec. (a) designation and heading “In general” and heading and text of subsec. (b). Prior to amendment, text read as follows: “The term of any telephone loan made under this subchapter shall be determined by the borrower at the time the loan application is submitted.” 1993—Subsec. (a). Pub. L. 103129 inserted at end “The preceding sentence shall not be construed to make section 948(b)(2) or 950b of this title applicable to this subchapter.” 1990—Pub. L. 101624 designated existing provisions as subsec. (a) and added subsec. (b).

Statutory Notes and Related Subsidiaries

Effective DateSection effective May 11, 1973, see section 12 of Pub. L. 9332, set out as a note under section 930 of this title.