Title 7 — Agriculture
Chapter 31 — Rural Electrification and Telephone Service
§ 918. General prohibitions
Statutory text
No consideration of borrower’s level of general funds
The Secretary shall not deny or reduce any loan or loan advance under this chapter based on a borrower’s level of general funds.
Loan origination fees
The Secretary may not charge any fee or charge not expressly provided in this chapter in connection with any loan made or guaranteed under this chapter.
Consultants
In general
To facilitate timely action on applications by borrowers for financial assistance under this chapter and for approvals required of the Rural Electrification Administration pursuant to the terms of outstanding loan or security instruments or otherwise, the Secretary may use consultants funded by the borrower, paid for out of the general funds of the borrower, for financial, legal, engineering, and other technical advice and services in connection with the review of the application by the Rural Electrification Administration.
Conflicts of interest
The Secretary shall establish procedures for the selection and the provision of technical services by consultants to ensure that the consultants have no financial or other conflicts of interest in the outcome of the application of the borrower.
Payment of costs
The Secretary may not, without the consent of the borrower, require, as a condition of processing an application for approval, that the borrower agree to pay the costs, fees, and expenses of consultants hired to provide technical or advisory services to the Secretary.
Contracts, grants, and agreements
The Secretary may enter into such contracts, grants, or cooperative agreements as are necessary to carry out this section.
Use of consultants
Nothing in this subsection shall limit the authority of the Secretary to retain the services of consultants from funds made available to the Secretary or otherwise.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Rural Telecommunications Improvements Act of 1990
Pub. L. 101–624 title XXIII § 2353 · 104 Stat. 3359
Enacted · 7 U.S.C. § 918
May 20, 1936, ch. 432, title I, § 18, as added Pub. L. 101–624, title XXIII, § 2353, Nov. 28, 1990, 104 Stat. 4039
Source evidence
Code source credit
May 20, 1936, ch. 432, title I, § 18, as added Pub. L. 101–624, title XXIII, § 2353, Nov. 28, 1990, 104 Stat. 4039Enacted provision · exact public law section
SEC. 2353. GENERAL PROHIBITIONS. Title I (7 U.S.C. 901 et seq.) is amended by adding after the section added by section 2343 of this Act the following new section: “SEC. 18. GENERAL PROHIBITIONS. “The Administrator and the Governor of the telephone bank shall not deny or reduce any loan or loan advance under this Act based on a borrower’s level of general funds.”.Pub. L. 103–129 § 2(c)(4) · 107 Stat. 1356
Amended · 7 U.S.C. § 918
Pub. L. 103–129 designated existing provisions as subsec. (a)
Inserted · 7 U.S.C. § 918
Pub. L. 103–129 inserted heading
Added · 7 U.S.C. § 918
Pub. L. 103–129 added subsecs. (b) and (c)
Source evidence
Code amendment note
Pub. L. 103–129 designated existing provisions as subsec. (a), inserted heading, and added subsecs. (b) and (c).Enacted provision · exact public law section
(C) by inserting after subsection (b) (as so redesignated) the following new subsections:Department of Agriculture Reorganization Act of 1994
Pub. L. 103–354 title II § 235(a)(13) · 108 Stat. 3178
Substituted · 7 U.S.C. § 918
Pub. L. 103–354 substituted “Secretary” for “Administrator” wherever appearing
Source evidence
Code amendment note
Pub. L. 103–354 substituted “Secretary” for “Administrator” wherever appearing.Enacted provision · exact public law section
(13) except as otherwise provided in this subsection, by striking “Administrator” each place it appears in such Act and inserting “Secretary”.Agriculture Improvement Act of 2018
Pub. L. 115–334 title VI § 6602(b)(1) · 132 Stat. 4490
Struck · 7 U.S.C. § 918(a); 7 U.S.C. § 918(b)
Pub. L. 115–334 struck out “and the Governor of the telephone bank” after “The Secretary”
Source evidence
Code amendment note
Subsecs. (a), (b). Pub. L. 115–334 struck out “and the Governor of the telephone bank” after “The Secretary”.Enacted provision · exact public law section
(1) Section 18 of such Act (7 U.S.C. 918) is amended in each of subsections (a) and (b) by striking “and the Governor of the telephone bank”.
6 of 6 references resolved to an enrolled provision
Editorial Notes
Amendments1993–2018 · 3 rounds
2018
Subsecs. (a), (b). Pub. L. 115–334 struck out “and the Governor of the telephone bank” after “The Secretary”.
1994
Pub. L. 103–354 substituted “Secretary” for “Administrator” wherever appearing.
1993
Pub. L. 103–129 designated existing provisions as subsec. (a), inserted heading, and added subsecs. (b) and (c).
Credits
1936–2018 · 4 acts
- 1936May 20, 1936, ch. 432, title I, § 18, as added Pub. L. 101–624, title XXIII, § 2353, , 104 Stat. 4039
- 1993amended Pub. L. 103–129, § 2(c)(4), , 107 Stat. 1364
- 1994Pub. L. 103–354, title II, § 235(a)(13), , 108 Stat. 3221
- 2018Pub. L. 115–334, title VI, § 6602(b)(1), , 132 Stat. 4776.
Show as published
(May 20, 1936, ch. 432, title I, § 18, as added Pub. L. 101–624, title XXIII, § 2353, , 104 Stat. 4039; amended Pub. L. 103–129, § 2(c)(4), , 107 Stat. 1364; Pub. L. 103–354, title II, § 235(a)(13), , 108 Stat. 3221; Pub. L. 115–334, title VI, § 6602(b)(1), , 132 Stat. 4776.)