Title 15Commerce and TradeRelease 119-73

§636c Age of applicant for disaster loans

Title 15 › Chapter CHAPTER 14A— - AID TO SMALL BUSINESS › § 636c

Last updated Apr 6, 2026|Official source

Summary

Federal disaster loan programs must not use an adult applicant's age to decide whether to approve a loan or how much to lend.

Full Legal Text

Title 15, §636c

Commerce and Trade — Source: USLM XML via OLRC

In the administration of any Federal disaster loan program under the authority of section 636a 11 See References in Text note below. of this title, section 4452 1 of title 42, or section 233 of Public Law 91–606, the age of any adult loan applicant shall not be considered in determining whether such loan should be made or the amount of such loan.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

References in Text

section 636a of this title, referred to in text, was repealed by Pub. L. 97–35, title XIX, § 1917, Aug. 13, 1981, 95 Stat. 781. Section 4452 of title 42, referred to in text, was repealed by Pub. L. 93–24, § 7, Apr. 20, 1973, 87 Stat. 25. section 233 of Public Law 91–606, referred to in text, amended section 1820(a)(2), (f) [now 3720(a)(2), (f)] of Title 38, Veterans’ Benefits. Codification Section was enacted as part of the Disaster Relief Act of 1970, and not as part of the Small Business Act which comprises this chapter. Section was formerly classified to section 4454 of Title 42, The Public Health and Welfare.

Statutory Notes and Related Subsidiaries

Effective Date

Section effective Dec. 31, 1970, see section 304 of Pub. L. 91–606, set out as an

Effective Date

of 1970 Amendment note under section 165 of Title 26, Internal Revenue Code.

Reference

Citations & Metadata

Citation

15 U.S.C. § 636c

Title 15Commerce and Trade

Last Updated

Apr 6, 2026

Release point: 119-73