# 7 U.S.C. § 904: Loans for electrical plants and transmission lines

> Federal · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/usc_t7_s904

## Section

- **Citation:** 7 U.S.C. § 904
- **Heading:** Loans for electrical plants and transmission lines
- **Jurisdiction:** Federal
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** September 9, 2026
- **Source:** Publisher's official text
- **Location:** Title 7—AGRICULTURE > CHAPTER 31—RURAL ELECTRIFICATION AND TELEPHONE SERVICE > SUBCHAPTER I—RURAL ELECTRIFICATION

## Text

The Secretary is authorized and empowered, from the sums hereinbefore authorized, to make loans for rural electrification to persons, corporations, States, Territories, and subdivisions and agencies thereof, municipalities, peoples’ utility districts and cooperative, nonprofit, or limited-dividend associations, organized under the laws of any State or Territory of the United States, for the purpose of financing the construction and operation of generating plants, electric transmission and distribution lines or systems for the furnishing and improving of electric service to persons in rural areas, including by assisting electric borrowers to implement demand side management, energy efficiency and conservation programs, and on-grid and off-grid renewable energy systems, and loans, from funds available under section 903 of this title , to cooperative associations and municipalities for the purpose of enabling said cooperative associations, and municipalities to the extent that such indebtedness was incurred with respect to electric transmission and distribution lines or systems or portions thereof serving persons in rural areas, to discharge or refinance long-term debts owed by them to the Tennessee Valley Authority on account of loans made or credit extended under the terms of the Tennessee Valley Authority Act of 1933, as amended [ 16 U.S.C. 831 et seq.]: Provided , That the Secretary, in making such loans, shall give preference to States, Territories, and subdivisions and agencies thereof, municipalities, peoples’ utility districts, and cooperative, nonprofit, or limited-dividend associations, the projects of which comply with the requirements of this chapter.

( May 20, 1936, ch. 432 , title I, § 4, 49 Stat. 1365 ; Sept. 21, 1944, ch. 412 , title V, §§ 502(a), 503, 58 Stat. 739 , 740; Dec. 23, 1944, ch. 725 , 58 Stat. 925 ; June 29, 1948, ch. 703 , 62 Stat. 1070 ; Oct. 28, 1949, ch. 776 , §§ 2, 4(e), 63 Stat. 948 ; June 15, 1955, ch. 139, § 2 , 69 Stat. 132 ; Pub. L. 103–129, § 2(c)(2) , Nov. 1, 1993 , 107 Stat. 1363 ; Pub. L. 103–354, title II, § 235(a)(13) , Oct. 13, 1994 , 108 Stat. 3221 ; Pub. L. 104–127, title VII, § 773 , Apr. 4, 1996 , 110 Stat. 1149 ; Pub. L. 110–234, title VI , §§ 6101, 6102(a), May 22, 2008 , 122 Stat. 1195 ; Pub. L. 110–246, § 4(a) , title VI, §§ 6101, 6102(a), June 18, 2008 , 122 Stat. 1664 , 1956.)

## Nearby sections

- [7 U.S.C. § 901 Short title](https://www.frixlaw.com/law-library/statutes/usc_t7_s901.md)
- [7 U.S.C. § 902 General authority of Secretary of Agriculture](https://www.frixlaw.com/law-library/statutes/usc_t7_s902.md)
- [7 U.S.C. § 903 Authorization of appropriations](https://www.frixlaw.com/law-library/statutes/usc_t7_s903.md)
- [7 U.S.C. § 904 Loans for electrical plants and transmission lines](https://www.frixlaw.com/law-library/statutes/usc_t7_s904.md)
- [7 U.S.C. § 905 Fees for certain loan guarantees](https://www.frixlaw.com/law-library/statutes/usc_t7_s905.md)
- [7 U.S.C. § 906 Funding for administrative expenses](https://www.frixlaw.com/law-library/statutes/usc_t7_s906.md)
- [7 U.S.C. § 906a Use of funds outside the United States or its territories prohibited](https://www.frixlaw.com/law-library/statutes/usc_t7_s906a.md)
- [7 U.S.C. § 907 Acquisition of property pledged for loans; disposition; sale of pledged property by borrower](https://www.frixlaw.com/law-library/statutes/usc_t7_s907.md)
- [7 U.S.C. § 908 Limitations on use of assistance](https://www.frixlaw.com/law-library/statutes/usc_t7_s908.md)
- [7 U.S.C. § 909 Administration on nonpolitical basis; dismissal of officers or employees for violating provision](https://www.frixlaw.com/law-library/statutes/usc_t7_s909.md)
- [7 U.S.C. § 910 Repealed. Pub. L. 104–127, title VII, § 777 , Apr. 4, 1996 , 110 Stat. 1150](https://www.frixlaw.com/law-library/statutes/usc_t7_s910.md)
- [7 U.S.C. § 911 Acceptance of services of Federal or State officers; application of civil service laws; expenditures for supplies and equipment](https://www.frixlaw.com/law-library/statutes/usc_t7_s911.md)
- [7 U.S.C. § 911a Repealed. Pub. L. 103–354, title II, § 235(a)(5) , Oct. 13, 1994 , 108 Stat. 3221](https://www.frixlaw.com/law-library/statutes/usc_t7_s911a.md)
- [7 U.S.C. § 912 Extension of time for repayment of loans](https://www.frixlaw.com/law-library/statutes/usc_t7_s912.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/usc_t7_s904. Check the current official text before relying on it. Not legal advice.
