Statute · United States Code
7 U.S.C. § 925 — Loan feasibility
7 U.S.C. § 925
- Type
- Statute
- Source
- United States Code
- Jurisdiction
- Federal
- Date
- 2025-01-06
- Topic
- bankruptcy
The Secretary 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.
The Secretary 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.