Title 15 — Commerce and TradeRelease 119-73not60
§657k Disaster Processing Redundancy
Title 15 › Chapter 14A— AID TO SMALL BUSINESS › § 657k
Summary
The Administrator must have a backup disaster-loan facility ready to fully take over within 2 days if the main facility becomes unavailable, and funds may be provided as needed.
Full Legal Text
Title 15, §657k
Commerce and Trade — Source: USLM XML via OLRC
(a)The Administrator shall ensure that the Administration has in place a facility for disaster loan processing that, whenever the Administration’s primary facility for disaster loan processing becomes unavailable, is able to take over all disaster loan processing from that primary facility within 2 days.
(b)There are authorized to be appropriated such sums as may be necessary to carry out this section.
Legislative History
Notes & Related Subsidiaries
Editorial Notes
Codification Pub. L. 110–234 and Pub. L. 110–246 enacted identical sections. Pub. L. 110–234 was repealed by section 4(a) of Pub. L. 110–246.
Statutory Notes and Related Subsidiaries
Effective Date
Enactment of this section and repeal of Pub. L. 110–234 by Pub. L. 110–246 effective May 22, 2008, the date of enactment of Pub. L. 110–234, see section 4 of Pub. L. 110–246, set out as a note under section 8701 of Title 7, Agriculture.
Reference
Citations & Metadata
Citation
15 U.S.C. § 657k
Title 15 — Commerce and Trade
Last Updated
Apr 3, 2026
Release point: 119-73not60