25 U.S.C. § 1487 — Loans eligible for insurance
submitted 52 years ago by Pub. L. 93-262 to r/title-25-INDIANS · 51 words · no verdicts yet
Only loans by supervised financial institutions, and certain Indian-organization loans from their own funds, may be insured.
Insured loans under this subchapter are limited to loans made by a financial institution examined and supervised by a U.S. agency, a State, or the District of Columbia, and loans made by Indian organizations from their own money to other Indian tribes or organizations.
Any loans insured hereunder shall be restricted to those made by a financial institution subject to examination and supervision by an agency of the United States, a State, or the District of Columbia, and to loans made by Indian organizations from their own funds to other tribes or organizations of Indians.
Source credit: (Pub. L. 93–262, title II, § 207, Apr. 12, 1974, 88 Stat. 80.)
- 1974Enacted · Pub. L. 93-262 · 88 Stat. 80
A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-262 on 1974-04-12.
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