Statute · United States Code

42 U.S.C. § 292m — Repayment by Secretary of loans of deceased or disabled borrowers

42 U.S.C. § 292m

Type
Statute
Source
United States Code
Jurisdiction
Federal
Date
2025-01-06
Topic
capital-markets-and-corporate-governance

If a borrower who has received a loan dies or becomes permanently and totally disabled (as determined in accordance with regulations of the Secretary), the Secretary shall discharge the borrower's liability on the loan by repaying the amount owed on the loan from the account established under section 292i of this title.

If a borrower who has received a loan dies or becomes permanently and totally disabled (as determined in accordance with regulations of the Secretary), the Secretary shall discharge the borrower's liability on the loan by repaying the amount owed on the loan from the account established under section 292i of this title.