7 U.S. Code § 925 - Loan feasibility

The Secretary and the Governor of the telephone bank 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 applicant’s customers or subscribers; or
(2) increase the applicant’s ratio of—
(A) net income or margins before interest; to
(B) the interest requirements on all of the applicant’s outstanding and proposed loans.

Source

(May 20, 1936, ch. 432, title II, § 204, as added Pub. L. 101–624, title XXIII, § 2355,Nov. 28, 1990, 104 Stat. 4039; amended Pub. L. 103–354, title II, § 235(a)(13),Oct. 13, 1994, 108 Stat. 3221.)
Amendments

1994—Pub. L. 103–354substituted “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

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7 USCDescription of ChangeSession YearPublic LawStatutes at Large

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7 CFR - Agriculture

7 CFR Part 1786 - PREPAYMENT OF RUS GUARANTEED AND INSURED LOANS TO ELECTRIC AND TELEPHONE BORROWERS

7 CFR Part 1787

 

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