Loans to private business enterprises
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Title 50—WAR AND NATIONAL DEFENSE > CHAPTER 55—DEFENSE PRODUCTION > SUBCHAPTER II—EXPANSION OF PRODUCTIVE CAPACITY AND SUPPLY
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To reduce current or projected shortfalls of industrial resources, critical technology items, or materials essential for the national defense, the President may make provision for loans to private business enterprises (including nonprofit research corporations and providers of critical infrastructure) for the creation, maintenance, expansion, protection, or restoration of capacity, the development of technological processes, or the production of essential materials, including the exploration, development, and mining of strategic and critical metals and minerals.
( Sept. 8, 1950, ch. 932 , title III, § 302, as added Pub. L. 111–67, § 7 , Sept. 30, 2009 , 123 Stat. 2012 .)
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