Agreements Required .—
The Secretary of Defense may enter into one or more agreements, each with an appropriate Federal or private entity, under which such entity may, under this subchapter—
process applications for loan guarantees;
administer repayment of loans; and
provide any other services to the Secretary to administer this subchapter.
Treatment of Costs .—
The costs of such agreements shall be considered, for purposes of the special account established under section 4982(c), to be costs of administrative expenses of the Department of Defense that are attributable to the loan guarantee program under this subchapter.
Pub. L. 106–398, § 1 [[div. A]114 Stat. 1654 Pub. L. 116–283, div. A, title XVIII, § 1873(b)134 Stat. 4290 (Added , title X, § 1033(a)(1)], , , 1654A–259, § 2541b; renumbered § 4983 and amended , (c)(2), (e)(2), , .)
Editorial Notes
Amendments
Pub. L. 116–283, § 1873(b)section 2541b of this title2021—, (c)(2), renumbered as this section.
Pub. L. 116–283, § 1873(e)(2)Subsec. (b). , substituted “section 4982(c)” for “section 2541a(c)”.
Statutory Notes and Related Subsidiaries
Effective Date of 2021 Amendment
Pub. L. 116–283section 1801(d) of Pub. L. 116–283section 3001 of this titleAmendment by effective , with additional provisions for delayed implementation and applicability of existing law, see , set out as a note preceding .