U.S.C. Title 15 - COMMERCE AND TRADE 15 U.S.C. United States Code, 2023 Edition Title 15 - COMMERCE AND TRADE CHAPTER 45 - EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES Sec. 1844 - Security for loan guarantees From the U.S. Government Publishing Office, www.gpo.gov
§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.
(Pub. L. 92–70, §5, Aug. 9, 1971, 85 Stat. 179.)