25 U.S.C. § 1499 — Limitation on guarantee of debt issues; approval of bond issue sale
submitted 38 years ago by Pub. L. 93-262 to r/title-25-INDIANS · 87 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
The Secretary* may guarantee not to exceed 90 percent of the unpaid principal and interest due on an issue of bonds, debentures, or similar obligations issued by an organization satisfactory to the Secretary. Such an issue shall be deemed a loan for purposes of sections 1482, 1483, 1484, 1485, 1486, 1489, 1490, 1491, 1493, 1494, 1495, 1496, and 1497 of this title.
The method by which an issue of bonds guaranteed under this section may be sold shall be subject to approval by the Secretary.
Source credit: (Pub. L. 93–262, title II, § 220, as added Pub. L. 100–442, § 6, Sept. 22, 1988, 102 Stat. 1764.)
- 1988Enacted · Pub. L. 93-262 · 102 Stat. 1764
A history note hasn’t been published yet. The record shows enactment by Pub. L. 93-262 on 1988-09-22.
all 0 arguments · sorted by: best
no arguments yet — make the first case