Ingested titles 12–51 and 54 from OLRC USLM XML @119-100 (the whole Code now, uniform edition; Title 53 is reserved/empty). LegalText 11,221 -> 59,740; repo total 105,704 records. Deterministic (byte-identical rerun, verified on Title 42's 8,356 sections); make check green. make legal-us-code default now covers every title. Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
1.8 KiB
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| LegalText | 15 U.S.C. § 1850 | Protection of Government’s interest | us | united_states_code | code_section | 15 | COMMERCE AND TRADE | 45 | EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES | 1850 | 15 U.S.C. § 1850 | current | 119-100 | 2026-06-26 | official | https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip | /us/usc/t15/s1850 | data/legal/raw/us/code/title-15/usc15.xml | 93891f05b7ba174ebd0d1216d802778e35930cfbebef35c0791fdb6f26c407be | 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 | 4b99a67ec66500d4f021759e92b6592b8a4263e57c559a6c2f3a0416d6be1275 | 2026-07-04 | official |
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15 U.S.C. § 1850 - Protection of Government’s interest
Text
(a) Attorney General, enforcement authority; payments into emergency loan guarantee fund The Attorney General shall take such action as may be appropriate to enforce any right accruing to the United States or any officer or agency thereof as a result of the issuance of guarantees under this chapter. Any sums recovered pursuant to this section shall be paid into the emergency loan guarantee fund.
(b) Recovery rights; subrogation The Board shall be entitled to recover from the borrower, or any other person liable therefor, the amount of any payments made pursuant to any guarantee agreement entered into under this chapter, and upon making any such payment, the Board shall be subrogated to all the rights of the recipient thereof.
(Pub. L. 92–70, § 11, Aug. 9, 1971, 85 Stat. 181.)