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Code of Federal Regulations Title 10. Energy § 10.609.12 Full faith and credit and incontestability

Current as of January 02, 2025 | Updated by Findlaw Staff

The full faith and credit of the United States is pledged to the payment of principal and interest of Guaranteed Obligations pursuant to Guarantees issued in accordance with the Act and this Part. The issuance by DOE of a Guarantee shall be conclusive evidence that it has been properly obtained;  that the underlying loan qualified for such Guarantee;  and that, but for fraud or material misrepresentation by the Holder, such Guarantee shall be legal, valid, binding and enforceable against DOE in accordance with its terms.

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Cite this article: FindLaw.com - Code of Federal Regulations Title 10. Energy § 10.609.12 Full faith and credit and incontestability - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-10-energy/cfr-sect-10-609-12/

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