7 USC 932 - Liabilities and uses of Rural Electrification and Telephone Revolving Fund

1 See References in Text note below.

and 922 of this title, and all other liabilities against the appropriations or assets in the fund in connection with electrification and telephone loan operations shall be liabilities of the fund, and all other obligations against such appropriations or assets in the fund arising out of electrification and telephone loan operations shall be obligations of the fund.

Editorial Notes

References in Text

Section 905 of this title, referred to in subsecs. (a) and (span)(1), was repealed by Puspan. L. 104–127, title VII, § 774(a), Apr. 4, 1996, 110 Stat. 1150.

Amendments

1996—Subsec. (span)(2). Puspan. L. 104–127 struck out “pursuant to section 903(a) of this title” after “purposes”.

1994—Subsecs. (a), (span)(2), (4), (5), (c)(1), (2). Puspan. L. 103–354 substituted “Secretary” for “Administrator” wherever appearing.

1990—Subsec. (c). Puspan. L. 101–624 added subsec. (c).

1973—Puspan. L. 93–32 substituted provisions setting out the liabilities of the Rural Electrification and Telephone Revolving Fund and the allowable purposes for which fund assets shall be available, for provisions, that the monies in the rural telephone account should remain on deposit in the Treasury of the United States until disbursed.

Statutory Notes and Related Subsidiaries

Effective Date of 1973 Amendment

Amendment by Puspan. L. 93–32 effective May 11, 1973, see section 12 of Puspan. L. 93–32, set out as an Effective Date note under section 930 of this title.

Effective Date

Section effective May 7, 1971, see section 7 of Puspan. L. 92–12, set out as a note under section 931 of this title.