Title 10, Armed ForcesRelease 119-110

§4983 Administration

Title 10 › Subtitle A — General Military Law › PART V — ACQUISITION › Subpart I — Defense Industrial Base › CHAPTER 389 — LOAN GUARANTEE PROGRAMS › SUBCHAPTER II — CRITICAL INFRASTRUCTURE PROTECTION LOAN GUARANTEES › § 4983

Last updated Sep 22, 2026|Official source

Summary

Secretary of Defense can make contracts with federal or private groups to process loan-guarantee applications, handle repayments, and provide other services. The money spent on those contracts counts as Defense Department administrative costs for the program’s special account.

Full Legal Text

Title 10, §4983

Armed Forces, Source: USLM XML via OLRC

(a)Agreements Required.—
The Secretary of Defense may enter into one or more agreements, each with an appropriate Federal or private entity, under which such entity may, under this subchapter—
(1)process applications for loan guarantees;
(2)administer repayment of loans; and
(3)provide any other services to the Secretary to administer this subchapter.
(b)Treatment of Costs.—
The costs of such agreements shall be considered, for purposes of the special account established under section 4982(c), to be costs of administrative expenses of the Department of Defense that are attributable to the loan guarantee program under this subchapter.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

2021—Pub. L. 116–283, § 1873(b), (c)(2), renumbered section 2541b of this title as this section. Subsec. (b). Pub. L. 116–283, § 1873(e)(2), substituted “section 4982(c)” for “section 2541a(c)”.

Statutory Notes and Related Subsidiaries

Effective Date

of 2021 AmendmentAmendment by Pub. L. 116–283 effective Jan. 1, 2022, with additional provisions for delayed implementation and applicability of existing law, see section 1801(d) of Pub. L. 116–283, set out as a note preceding section 3001 of this title.

Reference

Citations & Metadata

Citation

10 U.S.C. § 4983

Title 10, Armed Forces

Last Updated

Sep 22, 2026

Release point: 119-110