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25 U.S.C. § 5206 — Loans to individuals and groups; appropriation

submitted 90 years ago by ch. 831 to r/title-25-INDIANS · 55 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section addresses Loans to individuals and groups; appropriation. It sets out the rules, permissions, duties, definitions, and exceptions stated in the section.

The Secretary is authorized to make loans to individual Indians and to associations or corporate groups organized under this chapter. For the making of that loans and for expenses of the cooperative associations organized under this chapter there must be appropriated, out of the Treasury of the United States, the sum of $2,000,000.

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

The Secretary is authorized to make loans to individual Indians and to associations or corporate groups organized pursuant to this chapter. For the making of such loans and for expenses of the cooperative associations organized pursuant to this chapter there shall be appropriated, out of the Treasury of the United States, the sum of $2,000,000.

Source credit: (June 26, 1936, ch. 831, § 6, 49 Stat. 1968.)

history & why it existsrecord from the source credit
  • 1936Enacted · Act of June 26, 1936, ch. 831 · 49 Stat. 1968

A history note hasn’t been published yet. The record shows enactment by ch. 831 on 1936-06-26.

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