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15 U.S. Code § 690e

Issuance and guarantee of trust certificates

15 U.S. Code § 690e. Issuance and guarantee of trust certificates

(a) Issuance
The Administrator may issue trust certificates representing ownership of all or a fractional part of debentures issued by a Renewable Fuel Capital Investment company and guaranteed by the Administrator under this part, if such certificates are based on and backed by a trust or pool approved by the Administrator and composed solely of guaranteed debentures.
(b) Guarantee
(1) In general
The Administrator may, under such terms and conditions as it determines appropriate, guarantee the timely payment of the principal of and interest on trust certificates issued by the Administrator or its agents for purposes of this section.
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