30 USC 1512: Loan size limitation
Text contains those laws in effect on April 24, 2024
From Title 30-MINERAL LANDS AND MININGCHAPTER 27-GEOTHERMAL ENERGYSUBCHAPTER I-PROJECT LOANS
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§1512. Loan size limitation
The amount of any loan made under section 1511(a) of this title with respect to a project described in that section shall not exceed 50 percent of the cost of such project; except that if the loan is made to a person proposing to make application of the resources of the reservoir involved primarily for space heating or cooling or process heat for one or more structures or facilities then existing or under construction, the loan may be in any amount up to 90 per centum of such cost. In any event no loan shall be made in an amount in excess of $3,000,000.
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