Amendment102nd Congress
An amendment to provide for the specification of lenders liable for school misconduct if the lender had notice of prior unresolved substantial complaints concerning the school, where the lender and the school were corporate affiliates, or where the lender delegated substantial pre-loan functions to the school.
- Amendment Number
- 490
- Description
- An amendment to provide for the specification of lenders liable for school misconduct if the lender had notice of prior unresolved substantial complaints concerning the school, where the lender and the school were corporate affiliates, or where the lender delegated substantial pre-loan functions to the school.
- Purpose
- Amendment sought to specify that lenders will be liable for school misconduct if the lender had notice of prior unresolved substantial complaints concerning the school, the lender and the school were corporate affiliates, or the lender delegated substantial pre-loan functions to the school.
- Congress
- 102
- Type
- HAMDT
- Latest Action Date
- Mar 26, 1992
- Latest Action Text
- On agreeing to the Waters amendment (A044) Failed by voice vote.
- Latest Action Time
- 18:24:43
- Submitted Date
- Mar 26, 1992
- Chamber
- House of Representatives
- Update Date
- Jun 7, 2021