7 USC § 925 - Loan feasibility

---
identifier: "/us/usc/t7/s925"
source: "usc"
legal_status: "official_prima_facie"
title: "7 USC § 925 - Loan feasibility"
title_number: 7
title_name: "AGRICULTURE"
section_number: "925"
section_name: "Loan feasibility"
chapter_number: 31
chapter_name: "RURAL ELECTRIFICATION AND TELEPHONE SERVICE"
subchapter_number: "II"
subchapter_name: "RURAL TELEPHONE SERVICE"
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 II, § 204, as added Pub. L. 101–624, title XXIII, § 2355, Nov. 28, 1990, 104 Stat. 4039; amended Pub. L. 103–354, title II, § 235(a)(13), Oct. 13, 1994, 108 Stat. 3221; Pub. L. 115–334, title VI, § 6602(b)(2), Dec. 20, 2018, 132 Stat. 4776.)"
---


# § 925. Loan feasibility

The Secretary may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to—

**(1)** increase the rates charged to the applicant’s customers or subscribers; or

**(2)** increase the applicant’s ratio of—

**(A)** net income or margins before interest; to

**(B)** the interest requirements on all of the applicant’s outstanding and proposed loans.

---

**Source Credit**: (May 20, 1936, ch. 432, title II, § 204, as added Pub. L. 101–624, title XXIII, § 2355, Nov. 28, 1990, 104 Stat. 4039; amended Pub. L. 103–354, title II, § 235(a)(13), Oct. 13, 1994, 108 Stat. 3221; Pub. L. 115–334, title VI, § 6602(b)(2), Dec. 20, 2018, 132 Stat. 4776.)

## Editorial Notes

### Amendments

2018— struck out “and the Governor of the telephone bank” after “The Secretary” in introductory provisions.

1994— substituted “Secretary” for “Administrator”.