20 U.S.C. §§ 1087-4

Current through P.L. 118-106 (published on www.congress.gov on 10/04/2024)
Section 1087-4 - Discrimination in secondary markets prohibited

The Student Loan Marketing Association (and, if the Association is privatized under section 1087-3 of this title, any successor entity functioning as a secondary market for loans under this part, including the Holding Company described in such section) shall not engage directly or indirectly in any pattern or practice that results in a denial of a borrower's access to loans under this part because of the borrower's race, sex, color, religion, national origin, age, disability status, income, attendance at a particular eligible institution, length of the borrower's educational program, or the borrower's academic year at an eligible institution.

20 U.S.C. §§ 1087-4

Pub. L. 89-329, title IV, §440A, as added Pub. L. 104-208, div. A, title I, §101(e) [title VI, §604], Sept. 30, 1996, 110 Stat. 3009-233, 3009-293.

EDITORIAL NOTES

PRIOR PROVISIONSA prior section 1087-4, Pub. L. 89-329, title IV, §440, as added Pub. L. 94-482, title I, §127(a), Oct. 12, 1976, 90 Stat. 2141, provided for criminal penalties, prior to repeal by Pub. L. 96-374, title IV, §451(b), Oct. 3, 1980, 94 Stat. 1458, eff. Oct. 1, 1980. See section 1097 of this title.