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.

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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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