7 U.S.C. § 925
Section 925 · Loan feasibility
Current version, with additions and removals from the October 13, 1994 version.
Current — December 20, 2018
As of October 13, 1994
The Secretary and the Governor of the telephone bank may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to—
The Secretary may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to—
(1) increase the rates charged to the applicant's customers or subscribers; or
(1) increase the rates charged to the applicant's customers or subscribers; or
(2) increase the applicant's ratio of—
(2) increase the applicant's ratio of—
(A) net income or margins before interest; to
(A) net income or margins before interest; to
(B) the interest requirements on all of the applicant's outstanding and proposed loans.
(B) the interest requirements on all of the applicant's outstanding and proposed loans.