38 U.S. Code § 3746 - Maturity of loans

The maturity of a loan made or guaranteed under this subchapter that is used in whole or in part for the construction, conversion, or expansion of facilities or for acquisition of real property may not exceed twenty years plus such additional reasonable time as the Secretary may determine, at the time the loan is made, is required to complete the construction, acquisition, or expansion of such facilities. The maturity of any other loan made or guaranteed under this subchapter may not exceed ten years.

Source

(Added Pub. L. 97–72, title III, § 302(a),Nov. 3, 1981, 95 Stat. 1058, § 1846; amended Pub. L. 101–237, title III, § 313(b)(1),Dec. 18, 1989, 103 Stat. 2077; renumbered § 3746,Pub. L. 102–83, § 5(a),Aug. 6, 1991, 105 Stat. 406.)
Amendments

1991—Pub. L. 102–83renumbered section 1846 of this title as this section.
1989—Pub. L. 101–237substituted “Secretary” for “Administrator”.

The table below lists the classification updates, since Jan. 3, 2012, for this section. Updates to a broader range of sections may be found at the update page for containing chapter, title, etc.

The most recent Classification Table update that we have noticed was Tuesday, August 13, 2013

An empty table indicates that we see no relevant changes listed in the classification tables. If you suspect that our system may be missing something, please double-check with the Office of the Law Revision Counsel.

38 USCDescription of ChangeSession YearPublic LawStatutes at Large

 

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