7 U.S. Code § 950 - Conversion of ownership, control, and operation of telephone bank
When all class A stock has been fully redeemed and retired, loans made by the telephone bank shall not continue to be subject to the restrictions prescribed in the provisos to section 948(a)(2) of this title.
Congress reserves the right to review the continued operations of the telephone bank after all class A stock has been fully redeemed and retired.
1994—Subsec. (a)(1). Pub. L. 103–354 substituted “Secretary” for “Administrator of the Rural Electrification Administration”.
1976—Subsec. (a). Pub. L. 94–273 substituted “September” for “June”.
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