FEDERAL · 25 U.S.C. · Chapter 17
Security for loan; assignment of securities; reasonable assurance of repayment
Current through Pub. L. 119-102
Title 25 — Indians·Ch. 17 — FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS·Subch. I
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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25 U.S.C. § 1467 (Security for loan; assignment of securities; reasonable assurance of repayment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
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History
(Pub. L. 93–262, title I, §107, Apr. 12, 1974, 88 Stat. 79.)