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2016 US Code
Title 25 - Indians
Chapter 17 - Financing Economic Development of Indians and Indian Organizations
Subchapter II - Loan Guaranty and Insurance
Sec. 1499 - Limitation on guarantee of debt issues; approval of bond issue sale
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| 25 U.S.C. § 1499 (2016) |
| §1499. Limitation on guarantee of debt issues; approval of bond issue sale |
|
(a) The Secretary may guarantee not to exceed 90 percent of the unpaid principal and interest due on an issue of bonds, debentures, or similar obligations issued by an organization satisfactory to the Secretary. Such an issue shall be deemed a loan for purposes of sections 1482, 1483, 1484, 1485, 1486, 1489, 1490, 1491, 1493, 1494, 1495, 1496, and 1497 of this title. (b) The method by which an issue of bonds guaranteed under this section may be sold shall be subject to approval by the Secretary. |
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(Pub. L. 93–262, title II, §220, as added Pub. L. 100–442, §6, Sept. 22, 1988, 102 Stat. 1764.) |
| United States Code, 2012 Edition, Supplement 4, Title 25 - INDIANS |
| Bills and Statutes |
| United States Code |
| Y 1.2/5: |
| Title 25 - INDIANS CHAPTER 17 - FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS SUBCHAPTER II - LOAN GUARANTY AND INSURANCE Sec. 1499 - Limitation on guarantee of debt issues; approval of bond issue sale |
| section 1499 |
| 2016 |
| January 6, 2017 |
| No |
| standard |
| 102 Stat. 1764 |
| Public Law 93-262, Public Law 100-442 |
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