United States Code (Last Updated: May 24, 2014) |
Title 7. AGRICULTURE |
Chapter 31. RURAL ELECTRIFICATION AND TELEPHONE SERVICE |
SubChapter II. RURAL TELEPHONE SERVICE |
§ 921b. Policy of expansion of markets for debentures
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It is hereby declared to be the policy of the Congress that the Rural Telephone Bank should have the capability of obtaining adequate funds for its supplementary financing program at the lowest possible costs. In order to effectuate this policy, it will be necessary to expand the market for debentures to be issued by the Telephone Bank.
Codification
The last sentence of section 1 of Pub. L. 92–324 provided that:
Section was not enacted as part of the title II of the Rural Electrification Act of 1936 which comprises this subchapter.
Effective Date
Pub. L. 92–324, § 4,
Miscellaneous
Pub. L. 92–324, § 3,