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25 U.S.C. § 1481 — Security for loan; assignment of securities; reasonable assurance of repayment
Federal law — U.S. Code and appendices · legal_authorities
Any organization receiving a loan from the revolving loan fund shall be required to assign to the United States as security for the loan all securities acquired in connection with the loans made to its members from such funds unless the Secretary determines that the repayment of the loan to the United States is otherwise reasonably assured.
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Source file: Laws/federal/codes/united-states-code/title-25/section-1481-security-for-loan-assignment-of-securities-reasonable-assurance-of-repay--f2c60b8295.md
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Source location: Title 25, Chapter 17, § 1481; chapter-017-financing-economic-development-of-indians-and-indian-organizations.md
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Any organization receiving a loan from the revolving loan fund shall be required to assign to the United States as security for the loan all securities acquired in connection with the loans made to its members from such funds unless the Secretary determines that the repayment of the loan to the United States is otherwise reasonably assured.
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Federal law — U.S. Code and appendices · legal_authorities
In order to provide credit that is not available from private money markets, or to supplement funds from private lenders, including loans guaranteed by the Secretary pursuant to [section 1481 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section1481&num=0&edition=prelim), all funds that are now or hereafter a part of the revolving fund authorized by the Act of June 18, 1934 (48 Stat. 986) [[25 U.S.C. 5101](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section5101&num=0&edition=prelim) et seq.], the Act of June 26, 1936 (49 Stat. 1968),11 So in original. Probably should be “(49 Stat. 1967),”. and the Act of April 19, 1950 (64 Stat. 44), as amended and supplemented, including sums received in settlement of debts of livestock pursuant to sections 1545 and 1546 of this title, and sums collected in repayment of loans heretofore or hereafter made, and as interest or other charges on loans, shall hereafter be administered as a single Indian Revolving Loan Fund. The fund shall be available for loans to Indians having a form of organization that is satisfactory to the Secretary and for loans to individual Indians: Provided, That, where the Secretary determines a rejection of a loan application from a member of an organization making loans to its membership from moneys borrowed from the fund is unwarranted, he may, in his discretion, make a direct loan to such individual from the fund. The fund shall also be available for administrative expenses incurred in connection therewith, or, in the discretion of the Secretary of the Interior, as a contribution to the Indian Loan Guaranty and Insurance Fund authorized by [section 1497 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section1497&
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 1464
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Federal law — U.S. Code and appendices · legal_authorities
**(a) Interagency coordination** Not later than 1 year after December 30, 2020, the Secretary, the Secretary of the Interior, and the Secretary of the Treasury shall coordinate—
(1) to develop initiatives that—
(A) encourage, promote, and provide education regarding investments in Indian communities through—
(i) the loan guarantee program of Bureau of Indian Affairs under [section 1481 of this title](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title25-section1481&num=0&edition=prelim);
(ii) programs carried out using amounts in the Community Development Financial Institutions Fund established under [section 4703(a) of title 12](https://uscode.house.gov/view.xhtml?req=granuleid:USC-prelim-title12-section4703/a&num=0&edition=prelim); and
(iii) other capital development programs;
(B) examine and develop alternatives that would qualify as collateral for financing in Indian communities; and
(C) provide entrepreneur and other training relating to economic development through tribally controlled colleges and universities and other Indian organizations with experience in providing such training;
(2) to consult with Indian Tribes and with the Securities and Exchange Commission to study, and collaborate to establish, regulatory changes necessary to qualify an Indian Tribe as an accredited investor for the purposes of sections 230.500 through 230.508 of title 17, Code of Federal Regulations (or successor regulations), consistent with the goals of promoting capital formation and ensuring qualifying Indian Tribes have the ability to withstand investment loss, on a basis comparable to other legal entities that qualify as accredited investors who are not natural persons;
(3) to identify regulatory, legal, or other barriers to increasing inve
Source: Supplied U.S. Code snapshot — release unconfirmed · 25 U.S.C. § 4306a
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Federal law — U.S. Code and appendices · legal_authorities
Page 231
TITLE 25—INDIANS
§ 1482
(Pub. L. 93–262, title I, § 104, Apr. 12, 1974, 88 Stat.
78.)
§ 1465. Modification of amount of loan and docu-
ment securing loan in collection of loan or in
best interests of the United States
The Secretary may cancel, adjust, com-
promise, or reduce the amount of any loan or
any portion thereof heretofore or hereafter
made from the revolving loan fund established
by this subchapter and its predecessor con-
stituent funds which he determines to be un-
collectable in whole or in part, or which is col-
lectable only at an unreasonable cost, or when
such action would, in his judgment, be in the
best interests of the United States. He may also
adjust, compromise, subordinate, or modify the
terms of any mortgage, lease, assignment, con-
tract, agreement, or other document taken to
secure such loans.
(Pub. L. 93–262, title I, § 105, Apr. 12, 1974, 88 Stat.
78; Pub. L. 98–449, § 3, Oct. 4, 1984, 98 Stat. 1725.)
Editorial Notes
AMENDMENTS
1984—Pub. L. 98–449 struck out proviso at end of first
sentence which provided that proceedings pursuant to
this section would be effective only after following the
procedure set out in section 386a of this title.
§ 1466. Land and personal property title
Title to any land purchased by a tribe or by an
individual Indian with loans made from the re-
volving loan fund may be taken in trust unless
the land is located outside the boundaries of a
reservation or a tribal consolidation area ap-
proved by the Secretary. Title to any land pur-
chased by a tribe or an individual Indian which
is outside the boundaries of the reservation or
approved consolidation area may be taken in
trust if the purchaser was the owner of trust or
restricted interests in the land before the pur-
chase, otherwis
Source: Supplied 2024 U.S. Code historical extraction · 25 U.S.C. § 1481
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