7 U.S.C. § 921a : US Code - Section 921A: Policy of financing of rural telephone program

Search 7 U.S.C. § 921a : US Code - Section 921A: Policy of financing of rural telephone program

It is hereby declared to be the policy of the Congress that the
growing capital needs of the rural telephone systems require the
establishment of a rural telephone bank which will furnish assured
and viable sources of supplementary financing with the objective
that said bank will become an entirely privately owned, operated,
and financed corporation. The Congress further finds that many
rural telephone systems require financing under the terms and
conditions provided in this subchapter.