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► 15 U.S.C. § 1850 15 u.s.c. · emergency loan guarantees to business en · title 15
15 U.S.C. § 1850
Protection of Government's interest
Title 15 USC
● ACTIVE
Ch. 45
Jurisdiction Federal — United States
Chapter EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES
Primary Source uscode.house.gov ↗
Federation ID OM-USC15-SEC-2729B0
► STATUTORY TEXT primary source · verbatim · uscode.house.gov

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. 1850 - Protection of Government's interest From the U.S. Government Publishing Office, www.gpo.gov

§1850. Protection of Government's interest

(a) Attorney General, enforcement authority; payments into emergency loan guarantee fund The Attorney General shall take such action as may be appropriate to enforce any right accruing to the United States or any officer or agency thereof as a result of the issuance of guarantees under this chapter. Any sums recovered pursuant to this section shall be paid into the emergency loan guarantee fund. (b) Recovery rights; subrogation The Board shall be entitled to recover from the borrower, or any other person liable therefor, the amount of any payments made pursuant to any guarantee agreement entered into under this chapter, and upon making any such payment, the Board shall be subrogated to all the rights of the recipient thereof.

(Pub. L. 92–70, §11, Aug. 9, 1971, 85 Stat. 181.)

Source: uscode.house.gov — public domain Official Source ↗
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The statutory text of 15 U.S.C. § 1850 is reproduced from the official United States Code as published by the Office of the Law Revision Counsel of the U.S. House of Representatives (uscode.house.gov).
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Chapter 45 — EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES
15 U.S.C. § 184115 U.S.C. § 184215 U.S.C. § 184315 U.S.C. § 184415 U.S.C. § 184515 U.S.C. § 184615 U.S.C. § 184715 U.S.C. § 184815 U.S.C. § 184915 U.S.C. § 185015 U.S.C. § 185115 U.S.C. § 1852
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15 U.S.C.
Citation
15 U.S.C. § 1850
Status
● ACTIVE
Chapter
45 — EMERGENCY LOAN GUARANTEES TO BUSINESS ENTERPRISES
Title
Commerce and Trade
Jurisdiction
Federal
Federation ID
OM-USC15-SEC-2729B0
Root-LD Spec
v1.0
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Commerce and Trade — 15 U.S.C. § 1850