20 USC 7223g: No full faith and credit for grantee obligations
Text contains those laws in effect on January 7, 2011
From Title 20-EDUCATIONCHAPTER 70-STRENGTHENING AND IMPROVEMENT OF ELEMENTARY AND SECONDARY SCHOOLSSUBCHAPTER V-PROMOTING INFORMED PARENTAL CHOICE AND INNOVATIVE PROGRAMSPart B-Public Charter Schoolssubpart 2-credit enhancement initiatives to assist charter school facility acquisition, construction, and renovation
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§7223g. No full faith and credit for grantee obligations
No financial obligation of an eligible entity entered into pursuant to this subpart (such as an obligation under a guarantee, bond, note, evidence of debt, or loan) shall be an obligation of, or guaranteed in any respect by, the United States. The full faith and credit of the United States is not pledged to the payment of funds which may be required to be paid under any obligation made by an eligible entity pursuant to any provision of this subpart.
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