7 USC § 905 - Fees for certain loan guarantees

---
identifier: "/us/usc/t7/s905"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 905 - Fees for certain loan guarantees"
title_number: 7
title_name: "AGRICULTURE"
section_number: "905"
section_name: "Fees for certain loan guarantees"
chapter_number: 31
chapter_name: "RURAL ELECTRIFICATION AND TELEPHONE SERVICE"
subchapter_number: "I"
subchapter_name: "RURAL ELECTRIFICATION"
positive_law: false
currency: "119-84"
last_updated: "2026-04-17"
format_version: "1.1.0"
generator: "[email protected]"
source_credit: "(May 20, 1936, ch. 432, title I, § 5, as added Pub. L. 113–79, title VI, § 6101, Feb. 7, 2014, 128 Stat. 850.)"
---


# § 905. Fees for certain loan guarantees

**(a)** **In general** For electrification baseload generation loan guarantees, the Secretary shall, at the request of the borrower, charge an upfront fee to cover the costs of the loan guarantee.

**(b)** **Fee** section 661a(5)(C) of title 2

The fee described in subsection (a) for a loan guarantee shall be equal to the costs of the loan guarantee (within the meaning of ).

**(c)** **Limitation** Funds received from a borrower to pay the fee described in this section shall not be derived from a loan or other debt obligation that is made or guaranteed by the Federal Government.

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**Source Credit**: (May 20, 1936, ch. 432, title I, § 5, as added Pub. L. 113–79, title VI, § 6101, Feb. 7, 2014, 128 Stat. 850.)

## Editorial Notes

### Prior Provisions

A prior section 905, acts , title I, § 5, ; , title V, § 502(b), ; , ; , , , related to loans for electrical and plumbing equipment and persons eligible for such loans, prior to repeal by , , .