Title 25 — IndiansRelease 119-73
§1511 Interest subsidies; rules and regulations
Title 25 › Chapter CHAPTER 17— - FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS › Subchapter SUBCHAPTER III— - INTEREST SUBSIDIES AND ADMINISTRATIVE EXPENSES › § 1511
Summary
The Secretary may pay subsidies on loans under subchapter II to lower the borrower's rate to the rate in section 1464.
Full Legal Text
Title 25, §1511
Indians — Source: USLM XML via OLRC
The Secretary is authorized under such rules and regulations as he may prescribe to pay as an interest subsidy on loans which are guaranteed or insured under the provisions of subchapter II of this chapter amounts which are necessary to reduce the rate payable by the borrower to the rate determined under section 1464 of this title.
Reference
Citations & Metadata
Citation
25 U.S.C. § 1511
Title 25 — Indians
Last Updated
Apr 6, 2026
Release point: 119-73