§ 1512. — Loan size limitation.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 30USC1512]
TITLE 30--MINERAL LANDS AND MINING
CHAPTER 27--GEOTHERMAL ENERGY
SUBCHAPTER I--PROJECT LOANS
Sec. 1512. Loan size limitation
The amount of any loan made under section 1511(a) of this title with
respect to a project described in that section shall not exceed 50
percent of the cost of such project; except that if the loan is made to
a person proposing to make application of the resources of the reservoir
involved primarily for space heating or cooling or process heat for one
or more structures or facilities then existing or under construction,
the loan may be in any amount up to 90 per centum of such cost. In any
event no loan shall be made in an amount in excess of $3,000,000.
(Pub. L. 96-294, title VI, Sec. 612, June 30, 1980, 94 Stat. 764.)
