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An obligation shall bear curiosity at a charge that does not exceed a amount that the Secretary establishes to generally be ideal, bearing in mind the prevailing price of curiosity during the private sector for very similar loans and hazards.(i) which is approved by Federal reclamation law and created by The usa underneath this sort of legislation;
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(two) the administration of any loan confirmed underneath this subchapter prior to the powerful date on the termination of authority.Beginning in fiscal yr 2007, and each fiscal 12 months thereafter through fiscal yr 2012, the Secretary shall submit to your Committee on Power and Normal Means of the Senate as well as the Committee on Methods of you
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