LOANS FOR TELEPHONE SERVICE.

SEC. 6502. LOANS FOR TELEPHONE SERVICE. Section 201 of the Rural Electrification Act of 1936 (7 U.S.C. 922) is amended— (1) by striking the section designation and all that follows through “From such sums” and inserting the following: “SEC. SEC. 201. LOANS FOR TELEPHONE SERVICE From such sums” ; (2) in the second sentence, by striking “associations:” and all that follows through “same subscribers.” and inserting “associations.”; and (3) in the sixth sentence, by striking “, nor shall such loan be made in any State” and all that follows through “writing)” in the seventh sentence and inserting the following: “and”.