25 U.S.C. § 5133 — Revolving fund; loans; regulations
submitted 78 years ago by ch. 266 to r/title-25-INDIANS · 89 words · no verdicts yet
The Secretary of the Interior, or a designated representative, may under prescribed rules lend money from the revolving fund created by the Acts of June 18, 1934, and June 26, 1936, to tribes, bands, groups, and individual Indians who otherwise cannot receive loans under those Acts. No money may be lent to an Indian with less than one-quarter Indian blood.
The Secretary* of the Interior, or a designated representative, may under prescribed rules lend money from the revolving fund created by the Acts of June 18, 1934, and June 26, 1936, to tribes, bands, groups, and individual Indians who otherwise cannot receive loans under those Acts. No money may be lent to an Indian with less than one-quarter Indian blood.
The Secretary* of the Interior, or his designated representative, is authorized, under such regulations as the Secretary may prescribe, to make loans from the revolving fund established pursuant to the Acts of June 18, 1934 (48 Stat. 984) [25 U.S.C. 5101 et seq.], and June 26, 1936 (49 Stat. 1967), to tribes, bands, groups, and individual Indians, not otherwise eligible for loans under said Acts: Provided, That no portion of these funds shall be loaned to Indians of less than one-quarter Indian blood.
Source credit: (May 7, 1948, ch. 266, 62 Stat. 211.)
- 1948Enacted · Act of May 7, 1948, ch. 266 · 62 Stat. 211
A history note hasn’t been published yet. The record shows enactment by ch. 266 on 1948-05-07.
all 0 arguments · sorted by: best
no arguments yet — make the first case