7 U.S. Code § 938 - Full faith and credit of the United States

Any contract of insurance or guarantee executed by the Secretary under this subchapter shall be an obligation supported by the full faith and credit of the United States and incontestable except for fraud or misrepresentation of which the holder had actual knowledge at the time it became a holder.

Source

(May 20, 1936, ch. 432, title III, § 308, as added Pub. L. 93–32, § 2,May 11, 1973, 87 Stat. 70; amended Pub. L. 94–124, § 2,Nov. 4, 1975, 89 Stat. 677; Pub. L. 103–354, title II, § 235(a)(13),Oct. 13, 1994, 108 Stat. 3221.)
Amendments

1994—Pub. L. 103–354substituted “Secretary” for “Administrator”.
1975—Pub. L. 94–124substituted “of which the holder had actual knowledge at the time it became a holder” for “of which the holder has actual knowledge”.
Effective Date

Section effective May 11, 1973, see section 12 ofPub. L. 93–32, set out as a note under section 930 of this title.

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.

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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