StacksVerified U.S. regulatory reference

7 U.S.C. § 925

Verified against govinfo.gov as of June 20, 2026View official text on govinfo.gov ↗
The Secretary may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to—
  1. (1)increase the rates charged to the applicant’s customers or subscribers; or
  2. (2)increase the applicant’s ratio of—
    1. (A)net income or margins before interest; to
    2. (B)the interest requirements on all of the applicant’s outstanding and proposed loans.