Sec.

1841.

Emergency Loan Guarantee Board; establishment; membership; voting.

1842.

Authority for loan guarantees; terms and conditions.

1843.

Limitations and conditions of loan guarantees.

(a)

Necessary findings.

(b)

Term of loans; renewal.

(c)

Interest rates, determination; guarantee fee.

1844.

Security for loan guarantees.

1845.

Requirements applicable to loan guarantees.

(a)

Stock dividends or other payments, prohibition; waiver.

(b)

Managerial changes.

(c)

Financial statement; access to documents.

(d)

Exhaustion of remedies.

(e)

Protective provisions; advances.

(f)

Loan security, priority; collateral.

1846.

Powers and duties.

(a)

Board; inspection of documents; disapproval of certain transactions.

(b)

Government Accountability Office; audit; report to Board and Congress.

1847.

Maximum obligation.

1848.

Emergency loan guarantee fund.

(a)

Establishment; use; investment.

(b)

Guarantee fee; deposits in fund.

(c)

Payments; issuance of notes or other obligations when fund moneys insufficient: forms and denominations, maturities, terms and conditions, interest rate; public debt transaction.

1849.

Federal Reserve banks as fiscal agents.

1850.

Protection of Government’s interest.

(a)

Attorney General, enforcement authority; payments into emergency loan guarantee fund.

(b)

Recovery rights; subrogation.

1851.

Reports to Congress; recommendations.

1852.

Termination date.

This code is current as of
June 26, 2007