§ 1481. Loan guaranties and insurance
291 words·~1 min read·
/usc/title-25/section-1481A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In general In order to provide access to private money sources which otherwise would not be available, the Secretary may—
(1)guarantee not to exceed 90 per centum of the unpaid principal and interest due on any loan made to any organization of Indians having a form or organization satisfactory to the Secretary, and to individual Indians; or
(2)insure loans under an agreement approved by the Secretary whereby the lender will be reimbursed for losses in an amount not to exceed 15 per centum of the aggregate of such loans made by it, but not to exceed 90 per centum of the loss on any one loan.
(b)Eligible borrowers The Secretary may guarantee or insure loans under subsection
(a)to both for-profit and nonprofit borrowers.
(Pub. L. 93–262, title II, § 201, Apr. 12, 1974, 88 Stat. 79; Pub. L. 98–449, § 4, Oct. 4, 1984, 98 Stat. 1725; Pub. L. 109–221, title IV, § 401(a), May 12, 2006, 120 Stat. 341.)
Connections39 cite this
Cited by 39 sections · top 30
public-private-law
statutes-at-large
- Public Law 93–262
- Public Law 98–449To reauthorize and amend the Indian Financing Act
- Public Law 109–221To make technical corrections to laws relating to Native Americans, and for other purposes
- Public Law 116–261To amend the Native American Business Development, Trade Promotion, and Tourism Act of 2000, the Buy Indian Act, and the Native American Programs Act of 1974 to provide industry and economic development opportunities to Indian communities
U.S. Code
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- Proposed RulesNotice of proposed rulemaking
- NoticesNotice
- NoticesNotice of submission of information collection to the Office of Management and Budget
- Rules and RegulationsFinal rule
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- NoticesNotice of renewal of information collection
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statute-compilations
bill
- Sec. 103Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 102Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
- Sec. 3Native American Business Development, Trade Promotion, and Tourism Act of 2000
9 references not yet in our index
- Pub. L. 93–262, title II, § 201
- 88 Stat. 79
- Pub. L. 98–449, § 4
- 98 Stat. 1725
- Pub. L. 109–221, title IV, § 401(a)
- 120 Stat. 341
- Pub. L. 109–221, § 401(a)(1)
- Pub. L. 109–221, § 401(a)(3)
- Pub. L. 98–449
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§ 1481
Loan guaranties and insurance
Fed. Reg.×16
Bills×12
Stat.×4
U.S.C.×3
Stat. Comp.×2
C.F.R.×1
Pub. L.×1
Pub. L.Pub. L. 93–262, title II, § 201
Stat.88 Stat. 79
Pub. L.Pub. L. 98–449, § 4
Stat.98 Stat. 1725
Pub. L.Pub. L. 109–221, title IV, § 401(a)
Cites 9 · showing 5Cited by 39 across 7 sources