2018 US Code
Title 25 - Indians
Chapter 17 - Financing Economic Development of Indians and Indian Organizations
Subchapter II - Loan Guaranty and Insurance
Sec. 1483 - Interest rate

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Citation 25 U.S.C. § 1483 (2018)
Section Name §1483. Interest rate
Section Text

Loans guaranteed or insured pursuant to this subchapter shall bear interest (exclusive of premium charges for insurance, and service charge, if any) at rates not to exceed such per centum per annum on the principal obligation outstanding as the Secretary determines to be reasonable taking into consideration the range of interest rates prevailing in the private market for similar loans and the risks assumed by the United States.

Source Credit

(Pub. L. 93–262, title II, §203, Apr. 12, 1974, 88 Stat. 79.)

Publication Title United States Code, 2018 Edition, 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. 1483 - Interest rate
Contains section 1483
Date 2018
Laws In Effect As Of Date January 14, 2019
Positive Law No
Disposition standard
Statutes at Large References 88 Stat. 79
Public Law References Public Law 93-262
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