Pub. L. 83-364, tit. II, sec. 218

Pub. L. 83-364, tit. II, sec. 218

EnactedYear: 1954Length: 73 wordsOfficial source
Sec. 218. Loans advanced pursuant to this title during any six-month period (beginning with the six-month period ending December 31, 1954) shall be at a rate of interest determined by the Secretary of the Treasury as of the beginning of such period, which, in his judgment, would reflect the cost of money to the Treasury for borrowings at a maturity approximately equal to one-half of the period of time the loan is outstanding.