A borrower of an insured or guaranteed electric loan under this chapter may, without restriction or prior approval of the Secretary, invest its own funds or make loans or guarantees, not in excess of 15 percent of its total utility plant.
May 20, 1936, ch. 432Pub. L. 100–203, title I, § 1402101 Stat. 1330–21Pub. L. 103–354, title II, § 235(a)(13)108 Stat. 3221(, title III, § 312, as added , , ; amended , , .)
Editorial Notes
Amendments
Pub. L. 103–3541994— substituted “Secretary” for “Administrator”.