
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 10USC2541]

 
                         TITLE 10--ARMED FORCES
 
                    Subtitle A--General Military Law
 
                PART IV--SERVICE, SUPPLY, AND PROCUREMENT
 
 CHAPTER 148--NATIONAL DEFENSE TECHNOLOGY AND INDUSTRIAL BASE, DEFENSE 
                  REINVESTMENT, AND DEFENSE CONVERSION
 
   SUBCHAPTER VII--CRITICAL INFRASTRUCTURE PROTECTION LOAN GUARANTEES
 
Sec. 2541. Establishment of loan guarantee program

    (a) Establishment.--In order to meet the national security 
objectives in section 2501(a) of this title, the Secretary of Defense 
shall establish a program under which the Secretary may issue guarantees 
assuring lenders against losses of principal or interest, or both 
principal and interest, for loans made to qualified commercial firms to 
fund, in whole or in part, any of the following activities:
        (1) The improvement of the protection of the critical 
    infrastructure of the commercial firms.
        (2) The refinancing of improvements previously made to the 
    protection of the critical infrastructure of the commercial firms.

    (b) Qualified Commercial Firms.--For purposes of this section, a 
qualified commercial firm is a company or other business entity 
(including a consortium of such companies or other business entities, as 
determined by the Secretary) that the Secretary determines--
        (1) conducts a significant level of its research, development, 
    engineering, and manufacturing activities in the United States;
        (2) is a company or other business entity the majority ownership 
    or control of which is by United States citizens or is a company or 
    other business of a parent company that is incorporated in a country 
    the government of which--
            (A) encourages the participation of firms so owned or 
        controlled in research and development consortia to which the 
        government of that country provides funding directly or provides 
        funding indirectly through international organizations or 
        agreements; and
            (B) affords adequate and effective protection for the 
        intellectual property rights of companies incorporated in the 
        United States;

        (3) provides technology products or services critical to the 
    operations of the Department of Defense;
        (4) meets standards of prevention of cyberterrorism applicable 
    to the Department of Defense; and
        (5) agrees to submit the report required under section 2541d of 
    this title.

    (c) Loan Limits.--The maximum amount of loan principal guaranteed 
during a fiscal year under this section may not exceed $10,000,000, with 
respect to all borrowers.
    (d) Goals and Standards.--The Secretary shall prescribe regulations 
setting forth goals for the use of the loan guarantees provided under 
this section and standards for evaluating whether those goals are met by 
each entity receiving such loan guarantees.
    (e) Authority Subject to Provisions of Appropriations.--The 
Secretary may guarantee a loan under this subchapter only to such extent 
or in such amounts as may be provided in advance in appropriations Acts.

(Added Pub. L. 106-398, Sec. 1 [[div. A], title X, Sec. 1033(a)(1)], 
Oct. 30, 2000, 114 Stat. 1654, 1654A-258.)


                            Prior Provisions

    A prior section 2541 was renumbered section 2551 of this title.
    Another prior section 2541 was renumbered section 2539b of this 
title.
