FEDERAL · 25 U.S.C. · Chapter SUBCHAPTER II—LOAN GUARANTY AND INSURANCE
Evidence of eligibility of loan for and amount of guaranty or insurance; defenses and partial defenses against original lender
25 U.S.C. § 1494
Title25 — Indians
ChapterSUBCHAPTER II—LOAN GUARANTY AND INSURANCE
This text of 25 U.S.C. § 1494 (Evidence of eligibility of loan for and amount of guaranty or insurance; defenses and partial defenses against original lender) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
25 U.S.C. § 1494.
Text
Any evidence of guaranty or insurance issued by the Secretary shall be conclusive evidence of the eligibility of the loan for guaranty or insurance under the provisions of this chapter and the amount of such guaranty or insurance: Provided, That nothing in this section shall preclude the Secretary from establishing, as against the original lender, defenses based on fraud or material misrepresentation or bar him from establishing, by regulations in force at the date of such issuance or disbursement, whichever is the earlier, partial defenses to the amount payable on the guaranty or insurance.
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Related
United States v. Neder
136 F.3d 1459 (Eleventh Circuit, 1998)
United National Bank v. United States Department of the Interior
54 F. Supp. 2d 1309 (S.D. Florida, 1998)
Source Credit
History
(Pub. L. 93–262, title II, §214, Apr. 12, 1974, 88 Stat. 81.)
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Bluebook (online)
25 U.S.C. § 1494, Counsel Stack Legal Research, https://law.counselstack.com/usc/25/1494.