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7 U.S.C. § 936d

Title 7 Chapter 31 Current through PL 116-220 ~1 min read Last updated: March 30, 2026 View on OLRC →
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§ 936d. Eligibility of distribution borrowers for loans, loan guarantees, and lien accommodations

For the purpose of determining the eligibility of a distribution borrower not in default on the repayment of a loan made or guaranteed under this chapter for a loan, loan guarantee, or lien accommodation under this subchapter, a default by a borrower from which the distribution borrower purchases wholesale power shall not—

  • (1) be considered a default by the distribution borrower;
  • (2) reduce the eligibility of the distribution borrower for assistance under this chapter; or
  • (3) be the cause, directly or indirectly, of imposing any requirement or restriction on the borrower as a condition of the assistance, except such requirements or restrictions as are necessary to implement a debt restructuring agreed on by the power supply borrower and the Government.

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