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local servicer

Defined in 1 dictionary — U.S. Code

United States Code

23 U.S.C. § 181 — in this subchapter

Local servicer.—The term “local servicer” means—

(A) a State infrastructure bank established under this title; or

(B) a State or local government or any agency of a State or local government that is responsible for servicing a Federal credit instrument on behalf of the Secretary.