2014 US Code
Title 25 - Indians (Sections 1 - 4307)
Chapter 17 - Financing Economic Development of Indians and Indian Organizations (Sections 1451 - 1544)
Subchapter II - Loan Guaranty and Insurance (Sections 1481 - 1499)
Sec. 1488 - Lenders authorized to make loans; decrease or increase of liability under the guaranty

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Metadata
Publication TitleUnited States Code, 2012 Edition, Supplement 2, Title 25 - INDIANS
CategoryBills and Statutes
CollectionUnited States Code
SuDoc Class NumberY 1.2/5:
Contained WithinTitle 25 - INDIANS
CHAPTER 17 - FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS
SUBCHAPTER II - LOAN GUARANTY AND INSURANCE
Sec. 1488 - Lenders authorized to make loans; decrease or increase of liability under the guaranty
Containssection 1488
Date2014
Laws In Effect As Of DateJanuary 5, 2015
Positive LawNo
Dispositionstandard
Source CreditPub. L. 93-262, title II, §208, Apr. 12, 1974, 88 Stat. 80.
Statutes at Large Reference88 Stat. 80
Public and Private LawPublic Law 93-262

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25 U.S.C. § 1488 (2014)
§1488. Lenders authorized to make loans; decrease or increase of liability under the guaranty

Loans guaranteed hereunder may be made by any lender satisfactory to the Secretary, except as provided in section 1486 of this title. The liability under the guaranty shall decrease or increase pro rata with any decrease or increase in the unpaid portion of the obligation.

(Pub. L. 93–262, title II, §208, Apr. 12, 1974, 88 Stat. 80.)

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