Statute · United States Code
43 U.S.C. § 485h-7 — Amendment of repayment contract for payment of annual installments in two parts
43 U.S.C. § 485h-7
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- commercial
In any repayment contract which provides for payment of construction charges by single annual installments, the Secretary may by agreement with the contracting organization amend such contract to provide for the payment of such annual installments in two parts on such dates in the calendar year as may best enable the contracting organization to meet its payments.
Citator
43 U.S.C. § 485h-7 — Amendment of repayment contract for payment of annual installments in two parts is in force in the current edition of the Code, and nothing recorded condemns it.
In any repayment contract which provides for payment of construction charges by single annual installments, the Secretary may by agreement with the contracting organization amend such contract to provide for the payment of such annual installments in two parts on such dates in the calendar year as may best enable the contracting organization to meet its payments.