{"identifier":"/us/usc/t7/s925","title":7,"num":"\u00a7\u202f925.","heading":"Loan feasibility","text":"\u00a7\u202f925.\nLoan feasibility\nThe Secretary may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to\u2014\n(1) increase the rates charged to the applicant\u2019s customers or subscribers; or\n(2) increase the applicant\u2019s ratio of\u2014\n(A) net income or margins before interest; to\n(B) the interest requirements on all of the applicant\u2019s outstanding and proposed loans.","url":"https://projectusc.org/usc/t7/s925.html","content":[{"t":"sec","id":"/us/usc/t7/s925","children":[{"t":"num","text":"\u00a7\u202f925."},{"t":"heading","text":"Loan feasibility","tail":"\n"},{"t":"chapeau","text":"The Secretary may not, as a condition of making a telephone loan to an applicant therefor, require the applicant to\u2014"},{"t":"para","id":"/us/usc/t7/s925/1","children":[{"t":"num","text":"(1)"},{"t":"content","text":" increase the rates charged to the applicant\u2019s customers or subscribers; or","tail":"\n"}],"tail":"\n"},{"t":"para","id":"/us/usc/t7/s925/2","children":[{"t":"num","text":"(2)"},{"t":"chapeau","text":" increase the applicant\u2019s ratio of\u2014"},{"t":"subpara","id":"/us/usc/t7/s925/2/A","children":[{"t":"num","text":"(A)"},{"t":"content","text":" net income or margins before interest; to","tail":"\n"}],"tail":"\n"},{"t":"subpara","id":"/us/usc/t7/s925/2/B","children":[{"t":"num","text":"(B)"},{"t":"content","text":" the interest requirements on all of the applicant\u2019s outstanding and proposed loans.","tail":"\n"}],"tail":"\n"}],"tail":"\n"},{"t":"text","text":"\n"},{"t":"text","text":"\n"}]}]}