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- Title 25. Indians
- Chapter 17. Financing Economic Development of Indians and Indian Organizations
- Subchapter I. Indian Revolving Loan Fund
25 U.S.C. § 1462 Economic Development; Educational Loans; Limitation of Loans to Or Investments In Non-Indian Organizations
Library | United States Statutes |
Edition | 2023 Edition |
Currency | Current through P.L. 118-19 (published on www.congress.gov on 10/06/2023) |
Citation | 25 U.S.C. § 1462 |
Loans may be made for any purpose which will promote the economic development of (a) the individual Indian borrower, including loans for educational purposes, and (b) the Indian organization and its members including loans by such organizations to other organizations and investments in other organizations regardless of whether they are organizations of Indians: Provided, That not more than 50 per centum of loan made to an org...
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