2019 US Code
Title 25 - Indians
Chapter 45 - Protection of Indians and Conservation of Resources
Sec. 5139 - Tribal rights and privileges in connection with loans

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Citation 25 U.S.C. § 5139 (2019)
Section Name §5139. Tribal rights and privileges in connection with loans
Section Text

A tribe or tribal corporation to which a loan is made or insured pursuant to sections 5136 to 5143 of this title (1) may waive in writing any immunity from suit or liability which it may possess, (2) may mortgage or otherwise hypothecate trust or restricted property if (a) authorized by its constitution or charter or by a tribal referendum, and (b) approved by the Secretary of the Interior, and (3) shall comply with rules and regulations prescribed by the Secretary of Agriculture in connection with such loans.

Source Credit

(Pub. L. 91–229, §3, Apr. 11, 1970, 84 Stat. 120.)

Editorial Notes CODIFICATION

Section was formerly classified to section 490 of this title prior to editorial reclassification and renumbering as this section.

Publication Title United States Code, 2018 Edition, Supplement 1, Title 25 - INDIANS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 25 - INDIANS
CHAPTER 45 - PROTECTION OF INDIANS AND CONSERVATION OF RESOURCES
Sec. 5139 - Tribal rights and privileges in connection with loans
Contains section 5139
Date 2019
Laws In Effect As Of Date January 24, 2020
Positive Law No
Disposition standard
Statutes at Large References 84 Stat. 120
Public Law References Public Law 91-229
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