42 U.S.C. § 8821 : US Code - Section 8821: Termination of authorities; modification of terms and conditions of conditional commitments for loan guarantees

Search 42 U.S.C. § 8821 : US Code - Section 8821: Termination of authorities; modification of terms and conditions of conditional commitments for loan guarantees

No insured loan, loan guarantee, price guarantee, or purchase
agreement may be committed to or made under this subchapter after
September 30, 1984, except that all conditional commitments for
loan guarantees under this subchapter which were in existence on
September 30, 1984, are hereby extended through June 30, 1987. This
section shall not be construed to affect the authority of the
Secretary concerned to spend funds after such date pursuant to any
contract for financial assistance made on or before that date under
this subchapter. Notwithstanding any other provision of this
subchapter, the Secretary of Energy may modify the terms and
conditions of any conditional commitment for a loan guarantee under
this subchapter made before October 1, 1984, including the amount
of the loan guarantee. Nothing in this section shall be interpreted
as indicating Congressional approval with respect to any pending
conditional commitments under this Act.