§ 928. — Prompt processing of telephone loans.
[Laws in effect as of January 7, 2003]
[Document not affected by Public Laws enacted between
January 7, 2003 and December 19, 2003]
[CITE: 7USC928]
TITLE 7--AGRICULTURE
CHAPTER 31--RURAL ELECTRIFICATION AND TELEPHONE SERVICE
SUBCHAPTER II--RURAL TELEPHONE SERVICE
Sec. 928. Prompt processing of telephone loans
Within ten days after the end of the second and fourth calendar
quarters of each year, the Secretary shall submit to the Committee on
Agriculture and the Committee on Appropriations of the House of
Representatives, and to the Committee on Agriculture, Nutrition, and
Forestry and the Committee on Appropriations of the Senate, a report--
(1) identifying each completed application for a telephone loan
under section 935 of this title, a guarantee of a telephone loan
under section 936 of this title, or a loan under section 948 of this
title, that has not been finally acted upon within ninety days after
the date the completed application is submitted; and
(2) stating the reasons for the failure to finally act upon the
completed applications within such ninety-day period.
(May 20, 1936, ch. 432, title II, Sec. 207, as added Pub. L. 101-624,
title XXIII, Sec. 2358, Nov. 28, 1990, 104 Stat. 4041; amended Pub. L.
103-354, title II, Sec. 235(a)(13), Oct. 13, 1994, 108 Stat. 3221.)
Amendments
1994--Pub. L. 103-354 substituted ``Secretary'' for
``Administrator''.
