Laws: Cases and Codes : U.S. Code : Title 15 : Section 1844
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U.S. Code as of:
01/19/04
Section 1844. Security for loan guarantees
In negotiating a loan guarantee under this chapter, the Board
shall make every effort to arrange that the payment of the
principal of and interest on any plan guaranteed shall be secured
by sufficient property of the enterprise to collateralize fully the
amount of the loan guarantee.
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