Laws: Cases and Codes : U.S. Code : Title 15 : Section 1844


   
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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