§1844. Security for loan guarantees
As of today
15 U.S.C. § 1844
In negotiating a loan guarantee under this chapter, the Board shall make every effort to arrange that the payment of the principal of and interest on any plan guaranteed shall be secured by sufficient property of the enterprise to collateralize fully the amount of the loan guarantee.
Notes, amendments, and revision history
(Pub. L. 92–70, § 5, Aug. 9, 1971, 85 Stat. 179.)