
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 48USC1689]

 
              TITLE 48--TERRITORIES AND INSULAR POSSESSIONS
 
           CHAPTER 14--TRUST TERRITORY OF THE PACIFIC ISLANDS
 
Sec. 1689. Plan for use of grant to Trust Territory of the 
        Pacific Islands Economic Development Loan Fund; loans; terms
        
    The grant authorized by section 1688 of this title shall be made 
only after the government of the Trust Territory of the Pacific Islands 
has submitted to the Secretary of the Interior a plan for the use of the 
grant, and the plan has been approved by the Secretary. The plan shall 
provide among other things for a revolving fund to make loans or to 
guarantee loans to private enterprise. The term of any loan made 
pursuant to the plan shall not exceed twenty-five years.

(Pub. L. 92-257, Sec. 2, Mar. 21, 1972, 86 Stat. 87.)

                  Section Referred to in Other Sections

    This section is referred to in sections 1688, 1690, 1691 of this 
title.
