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7 U.S.C. § 1928

Title 7 Chapter 50 Current through PL 118-3 Last updated: March 29, 2026 View on OLRC →
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§ 1928. Full faith and credit

  • (a) A contract of insurance or guarantee executed by the Secretary under this chapter shall be an obligation supported by the full faith and credit of the United States.
  • (b) A contract of insurance or guarantee executed by the Secretary under this chapter shall be incontestable except for fraud or misrepresentation that the lender or any holder—
    • (1) has actual knowledge of at the time the contract or guarantee is executed; or
    • (2) participates in or condones.

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