Title 25IndiansRelease 119-73

§1486 Loans ineligible for guaranty or insurance

Title 25 › Chapter CHAPTER 17— - FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS › Subchapter SUBCHAPTER II— - LOAN GUARANTY AND INSURANCE › § 1486

Last updated Apr 6, 2026|Official source

Summary

Loans made by federal agencies or instrumentalities (except eligible CDFIs), by Indian organizations from U.S. funds, or whose interest is tax-exempt aren't eligible for guarantee or insurance.

Full Legal Text

Title 25, §1486

Indians — Source: USLM XML via OLRC

Loans made by any agency or instrumentality of the Federal Government (not including an eligible Community Development Finance Institution), or by an organization of Indians from funds borrowed from the United States, and loans the interest on which is not included in gross income for the purposes of chapter 1 of title 26 shall not be eligible for guaranty or insurance hereunder.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

2006—Pub. L. 109–221 inserted “(not including an eligible Community Development Finance Institution)” after “Government”. 1986—Pub. L. 99–514 substituted “Internal Revenue Code of 1986” for “Internal Revenue Code of 1954”, which for purposes of codification was translated as “title 26” thus requiring no change in text.

Reference

Citations & Metadata

Citation

25 U.S.C. § 1486

Title 25Indians

Last Updated

Apr 6, 2026

Release point: 119-73