General.

CFR · 2024-01-01 · US · Title 7

(a) Loans made or guaranteed by the Administrator of RUS will be made in conformance with the Rural Electrification Act of 1936 (RE Act), as amended (7 U.S.C. 901 (1) Furnish and improve telephone service in rural areas; and (2) To finance facilities and equipment which expand, improve or provide: (i) 911 access; (ii) Integrated interoperable emergency communications, including (iii) Homeland security communications; (iv) Transportation safety communications; or (v) Location technologies used outside an urbanized area. (b) RUS will not make hardship loans or RUS cost-of-money loans for any wireline local exchange service or similar fixed-station voice service that, in RUS' opinion, is inconsistent with the borrower achieving the requirements stated in the State's telecommunication modernization plan within the time frame stated in the plan (see 7 CFR part 1751, subpart B), unless RUS has determined that achieving the requirements as stated in such plan is not technically or economically feasible. (c) A borrower receiving a loan to provide mobile telecommunications services or special telecommunications services shall be considered to be participating in the state telecommunications plan (TMP) with respect to the particular loan so long as the loan funds are not used in a manner that, in RUS' opinion, is inconsistent with the borrower achieving the goals set forth in the plan, except that a borrower must comply with any portion of a TMP made applicable to the borrower by a sta

official document · source cfr-2024 · id 7:§ 1735.10