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25 U.S.C. § 1511 — Interest subsidies; rules and regulations

submitted 52 years ago by Pub. L. 93-262 to r/title-25-INDIANS · 58 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain

The Secretary is authorized under such rules and regulations as he may prescribe to pay as an interest subsidy on loans which are guaranteed or insured under the provisions of subchapter II of this chapter amounts which are necessary to reduce the rate payable by the borrower to the rate determined under section 1464 of this title.

Source credit: (Pub. L. 93–262, title III, § 301, Apr. 12, 1974, 88 Stat. 82.)

history & why it existsrecord from the source credit
  • 1974Enacted · Pub. L. 93-262 · 88 Stat. 82

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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