Browse Arkansas Code titles and sections
25 U.S.C. § 1541 — Conditions
Federal law — U.S. Code and appendices · legal_authorities
**(a) Limitation of amount** No grant in excess of $100,000 in the case of an Indian and $250,000 in the case of an Indian tribe, or such lower amount as the Secretary may determine to be appropriate, may be made under this subchapter.
**(b) Financing from other sources; inability to obtain funds; applicant’s financial resources** A grant may be made only to an applicant who, in the opinion of the Secretary, is unable to obtain adequate financing for its economic enterprise from other sources: Provided, That prior to making any grant under this subchapter, the Secretary shall assure that, where practical, the applicant has reasonably made available for the economic enterprise funds from the applicant’s own financial resources.
**(c) Percentage requirement** No grant may be made to an applicant who is unable to obtain at least 60 per centum of the necessary funds for the economic enterprise from other sources.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 1541
Stored review status: release_metadata_unconfirmed. A text match is a research starting point; applicability is not established.
Original supplied file — preserved unchanged
Download original Markdown file
File SHA-256: 264ec15443364accf41dac03283c391124960c69ed9261436a8edbb769527907. The original may include catalog metadata, neighboring provisions, or embedded records outside this collection's scope. Search shows only the selected federal record. Historical editions and unverified snapshots are not a statement of current law.
Authority boundary: historical or unconfirmed source not current law verified.
Open the recorded source website ↗
Record provenance
Stable record: federal_law:legal_authorities:record_usc_3a94c90aa3baec41ce70a363
Source file: Laws/federal/codes/united-states-code/title-25/section-1541-conditions--5e297e5424.md
Pages: Not recorded – Not recorded
Passage SHA-256: 92d3e47f696e9816e31cb7271e15436ce5c30752fbdf70213d9d0c7ddf94f79f
Source location: Title 25, Chapter 17, § 1541; chapter-017-financing-economic-development-of-indians-and-indian-organizations.md
Stored source content
**(a) Limitation of amount** No grant in excess of $100,000 in the case of an Indian and $250,000 in the case of an Indian tribe, or such lower amount as the Secretary may determine to be appropriate, may be made under this subchapter.
**(b) Financing from other sources; inability to obtain funds; applicant’s financial resources** A grant may be made only to an applicant who, in the opinion of the Secretary, is unable to obtain adequate financing for its economic enterprise from other sources: Provided, That prior to making any grant under this subchapter, the Secretary shall assure that, where practical, the applicant has reasonably made available for the economic enterprise funds from the applicant’s own financial resources.
**(c) Percentage requirement** No grant may be made to an applicant who is unable to obtain at least 60 per centum of the necessary funds for the economic enterprise from other sources.
Cross-references
Connections may be documented source relationships, shared citations or nearby passages. Each explains its basis; a connection alone does not establish applicability to your situation.
Federal law — U.S. Code and appendices · legal_authorities
For the purpose of providing the assistance required under [section 1541 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section1541&num=0&edition=prelim), the Secretary is authorized to cooperate with the Small Business Administration and the Corporation for National and Community Service and other Federal agencies in the use of existing programs of this character in those agencies. In addition, the Secretary is authorized to enter into contracts with private organizations for providing such services and assistance.
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 1545
Stored review status: release_metadata_unconfirmed. Incoming connection: Explicit cross-reference supplied in source Markdown; currentness and applicability require review.
Federal law — U.S. Code and appendices · legal_authorities
Page 237
TITLE 25—INDIANS
§ 1541
SUBCHAPTER III—INTEREST SUBSIDIES
AND ADMINISTRATIVE EXPENSES
§ 1511. Interest subsidies; rules and regulations
The Secretary is authorized under such rules
and regulations as he may prescribe to pay as an
interest subsidy on loans which are guaranteed
or insured under the provisions of subchapter II
of this chapter amounts which are necessary to
reduce the rate payable by the borrower to the
rate determined under section 1464 of this title.
(Pub. L. 93–262, title III, § 301, Apr. 12, 1974, 88
Stat. 82.)
§ 1512. Authorization of appropriations for inter-
est payments
There are authorized to be appropriated for
fiscal year 1985, and for each fiscal year there-
after,
an
amount
which
does
not
exceed
$5,500,000 for purposes of making interest pay-
ments authorized under this subchapter. Sums
appropriated under this section, shall remain
available until expended.
(Pub. L. 93–262, title III, § 302, Apr. 12, 1974, 88
Stat. 82; Pub. L. 98–449, § 8, Oct. 4, 1984, 98 Stat.
1725.)
Editorial Notes
AMENDMENTS
1984—Pub. L. 98–449 amended section generally, sub-
stituting provisions authorizing appropriations for pay-
ment of interest under this subchapter for provisions
authorizing appropriations for the Indian Loan Guar-
antee and Insurance Fund, interest subsidies and ad-
ministrative expenses.
SUBCHAPTER IV—INDIAN BUSINESS
GRANTS
§ 1521. Indian Business Development Program;
establishment; statement of purpose
There is established within the Department of
the Interior the Indian Business Development
Program whose purpose is to stimulate and in-
crease Indian entrepreneurship and employment
by
providing
equity
capital
through
non-
reimbursable grants made by the Secretary of
the Interior to Indians and India
Source: Supplied 2024 U.S. Code historical extraction · 25 U.S.C. § 1541
Stored review status: historical_2024_not_currentness_verified. Same stored citation; legal effect and authority still require review.