FEDERAL · 25 U.S.C. · Chapter 17
Economic development; educational loans; limitation of loans to or investments in non-Indian organizations
Current through Pub. L. 119-102
Title 25 — Indians·Ch. 17 — FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS·Subch. I
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 organization shall be used by such organization for the purpose of making loans to or investments in non-Indian organizations.
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25 U.S.C. § 1462 (Economic development; educational loans; limitation of loans to or investments in non-Indian organizations) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Diane Zarr v. Earl Barlow, Director, Office of Indian Education Programs, Bureau of Indian Affairs
800 F.2d 1484 (Ninth Circuit, 1986)
Anderson v. Wisconsin Department of Revenue
473 N.W.2d 520 (Court of Appeals of Wisconsin, 1991)
Helgeson v. Bureau of Indian Affairs, Department of the Interior
153 F.3d 1000 (Ninth Circuit, 1998)
Source Credit
History
(Pub. L. 93–262, title I, §102, Apr. 12, 1974, 88 Stat. 78.)