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15 U.S.C. § 9063

Title 15 Chapter 116 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 9063. Termination of authority

  • (a) Except as provided in subsection (b), on December 31, 2020 , the authority provided under this part to make new loans, loan guarantees, or other investments shall terminate.
  • (b)
    • (1) Except as provided in paragraph (2), any loan, loan guarantee, or other investment outstanding on the date described in subsection (a)—
      • (A) may be modified, restructured, or otherwise amended; and
      • (B) may not be forgiven.
    • (2) The duration of any loan or loan guarantee made under section 9042(b)(1) of this title that is modified, restructured, or otherwise amended under paragraph (1) shall not be extended beyond 5 years from the initial origination date of the loan or loan guarantee.

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