Title 10 — Armed ForcesRelease 119-73not60
§4983 Administration
Title 10 › Subtitle 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
Summary
The Secretary of Defense may hire federal or private groups to process loan-guarantee applications, collect loan repayments, and provide other services to run the program. The costs of those agreements count as Defense administrative expenses for the special account under section 4982(c).
Full Legal Text
Title 10, §4983
Armed Forces — Source: USLM XML via OLRC
(a)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)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
Apr 3, 2026
Release point: 119-73not60