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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 687k Guaranteed obligations not eligible for purchase by Federal Financing Bank us united_states_code code_section 15 COMMERCE AND TRADE 14B SMALL BUSINESS INVESTMENT PROGRAM 687k 15 U.S.C. § 687k 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/s687k data/legal/raw/us/code/title-15/usc15.xml 8e034df05b87967401770ad00599aa5e0ff35b0aaab38909947c9e22aac4b04e 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 868d37c107e4daf9b0baf24fe96610952975d5d2f757e450f1d2d3a4bd430ca9 2026-07-04 official
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15 U.S.C. § 687k - Guaranteed obligations not eligible for purchase by Federal Financing Bank

Text

Nothing in any provision of law shall be construed to authorize the Federal Financing Bank to acquire after September 30, 1985—

(1) any obligation the payment of principal or interest on which has at any time been guaranteed in whole or in part under this subchapter,

(2) any obligation which is an interest in any obligation described in paragraph (1), or

(3) any obligation which is secured by, or substantially all of the value of which is attributable to, any obligation described in paragraph (1) or (2).

(Pub. L. 85699, title III, § 318, formerly § 320, as added Pub. L. 99272, title XVIII, § 18004(a), Apr. 7, 1986, 100 Stat. 364; renumbered § 318, Pub. L. 104208, div. D, title II, § 208(h)(1)(E), Sept. 30, 1996, 110 Stat. 3009747.)

Notes

Editorial Notes

Prior ProvisionsA prior section 318 of Pub. L. 85699 was classified to section 687j of this title, prior to repeal by Pub. L. 104208.