2016 US Code
Title 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

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Citation 25 U.S.C. § 1488 (2016)
Section Name §1488. Lenders authorized to make loans; decrease or increase of liability under the guaranty
Section Text

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.

Source Credit

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

Publication Title United States Code, 2012 Edition, Supplement 4, Title 25 - INDIANS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 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
Contains section 1488
Date 2016
Laws In Effect As Of Date January 6, 2017
Positive Law No
Disposition standard
Statutes at Large Reference 88 Stat. 80
Public Law References Public Law 93-262
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