Common use of Actions Prohibited Clause in Contracts

Actions Prohibited. Except as provided in subsection (h) of this section and paragraph (2) of this subsection, the participating State may not— (A) impose any restrictions or require- ments, relating to the interest rate, fees, collateral, or other business terms and con- ditions of the loan; or (B) condition enrollment of a loan in the Program on the review by the State of the risk or creditworthiness of a loan.

Appears in 4 contracts

Sources: Participation Agreement, Participation Agreement, Participation Agreement

Actions Prohibited. Except as provided in subsection (h) of this section and paragraph (2) of this subsection, the participating partici- pating State may not— (A) impose any restrictions or require- ments, relating to the interest rate, fees, collateral, or other business terms and con- ditions of the loan; or (B) condition enrollment of a loan in the Program on the review by the State of the risk or creditworthiness of a loan.

Appears in 3 contracts

Sources: Participation Agreement, Participation Agreement, Participation Agreement