
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 7USC925]

 
                          TITLE 7--AGRICULTURE
 
         CHAPTER 31--RURAL ELECTRIFICATION AND TELEPHONE SERVICE
 
                 SUBCHAPTER II--RURAL TELEPHONE SERVICE
 
Sec. 925. Loan feasibility

    The Secretary and the Governor of the telephone bank may not, as a 
condition of making a telephone loan to an applicant therefor, require 
the applicant to--
        (1) increase the rates charged to the applicant's customers or 
    subscribers; or
        (2) increase the applicant's ratio of--
            (A) net income or margins before interest; to
            (B) the interest requirements on all of the applicant's 
        outstanding and proposed loans.

(May 20, 1936, ch. 432, title II, Sec. 204, as added Pub. L. 101-624, 
title XXIII, Sec. 2355, Nov. 28, 1990, 104 Stat. 4039; amended Pub. L. 
103-354, title II, Sec. 235(a)(13), Oct. 13, 1994, 108 Stat. 3221.)


                               Amendments

    1994--Pub. L. 103-354 substituted ``Secretary'' for 
``Administrator''.
