Definitions

Checkout our iOS App for a better way to browser and research.

§950aaa–1. Definitions

In this chapter:

(1) Construct

The term "construct" means to construct, acquire, install, improve, or extend a facility or system.

(2) Cost of money loan

The term "cost of money loan" means a loan made under this chapter bearing interest at a rate equal to the then current cost to the Federal Government of loans of similar maturity.

(3) Secretary

The term "Secretary" means the Secretary of Agriculture.

(4) Rural area

The term "rural area" has the meaning given the term in section 950bb(b)(3) of this title.

(Pub. L. 101–624, title XXIII, §2332, as added Pub. L. 104–127, title VII, §704, Apr. 4, 1996, 110 Stat. 1108 ; amended Pub. L. 115–334, title VI, §6301(c), Dec. 20, 2018, 132 Stat. 4748 .)

Termination of Section

For termination of section by section 1(b) of Pub. L. 102–551, see Termination of Chapter note set out under section 950aaa of this title.

Prior Provisions

A prior section 950aaa–1, Pub. L. 101–624, title XXIII, §2332, Nov. 28, 1990, 104 Stat. 4017 ; Pub. L. 102–237, title VII, §702(g), Dec. 13, 1991, 105 Stat. 1880 , provided goal of Federal Government to make affordable advanced telecommunications available to rural residents, prior to the general amendment of this chapter by Pub. L. 104–127.

Amendments

2018-Par. (4). Pub. L. 115–334 added par. (4).


Download our app to see the most-to-date content.