16 U.S.C. § 825u : US Code - Section 825U: Interest rate on power bonds held by Administrator of General Services

Search 16 U.S.C. § 825u : US Code - Section 825U: Interest rate on power bonds held by Administrator of General Services

The Administrator of General Services or his successor in
interest is authorized to reduce the rate of interest to 2 1/2 per
centum on all power bonds held by such Agency issued by States,
public authorities, counties, municipalities, and other
subdivisions of State governments for power projects financed by
the Public Works Administration.