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48 U.S.C. § 1690

Title 48 Chapter 14 Current through PL 118-3 Last updated: March 29, 2026 View on OLRC →
Sections in this chapter

§ 1690. Loans from Trust Territory of the Pacific Islands Economic Loan Fund; restrictions; guarantees

  • (1) the amount which can reasonably be expected to be repaid,
  • (2) the minimum amount necessary to accomplish the purposes of sections 1688 to 1693 of this title, or 25 per centum of the funds appropriated pursuant to section 1688 of this title . No loan guarantee shall guarantee more than 90 per centum of the outstanding amount of any loan, and the reserves maintained to guarantee the loan shall not be less than 25 per centum of the guarantee.

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