{"identifier":"/us/usc/t48/s1689","title":48,"num":"\u00a7\u202f1689.","heading":"Plan for use of grant to Trust Territory of the Pacific Islands Economic Development Loan Fund; loans; terms","text":"\u00a7\u202f1689.\nPlan for use of grant to Trust Territory of the Pacific Islands Economic Development Loan Fund; loans; terms\nThe grant authorized by\nsection 1688 of this title","url":"https://projectusc.org/usc/t48/s1689.html","content":[{"t":"sec","id":"/us/usc/t48/s1689","children":[{"t":"num","text":"\u00a7\u202f1689."},{"t":"heading","text":"Plan for use of grant to Trust Territory of the Pacific Islands Economic Development Loan Fund; loans; terms"},{"t":"content","text":"\n","children":[{"t":"p","text":"The grant authorized by ","children":[{"t":"ref","text":"section 1688 of this title","href":"/us/usc/t48/s1688","tail":" shall be made only after the government of the Trust Territory of the Pacific Islands has submitted to the Secretary of the Interior a plan for the use of the grant, and the plan has been approved by the Secretary. The plan shall provide among other things for a revolving fund to make loans or to guarantee loans to private enterprise. The term of any loan made pursuant to the plan shall not exceed twenty-five years."}],"tail":"\n"}]},{"t":"text","text":"\n"}]}]}