Title 25IndiansRelease 119-73

§1541 Competent management and technical assistance for economic enterprises

Title 25 › Chapter CHAPTER 17— - FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS › Subchapter SUBCHAPTER V— - MISCELLANEOUS PROVISIONS › § 1541

Last updated Apr 6, 2026|Official source

Summary

Before and during loans (subchapters I–II) and grants (subchapter IV) for economic enterprises, the Secretary must make sure applicants receive competent management and technical help to prepare applications and manage funds that fit the enterprise.

Full Legal Text

Title 25, §1541

Indians — Source: USLM XML via OLRC

Prior to and concurrent with the making or guaranteeing of any loan under subchapters I and II of this chapter and with the making of a grant under subchapter IV of this chapter, the purpose of which is to fund the development of an economic enterprise, the Secretary shall insure that the loan or grant applicant shall be provided competent management and technical assistance for preparation of the application and/or administration of funds granted consistent with the nature of the enterprise proposed to be or in fact funded.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Amendments

1984—Pub. L. 98–449 amended section generally, inserting “Prior to and” and “for preparation of the application and/or administration of funds granted”.

Reference

Citations & Metadata

Citation

25 U.S.C. § 1541

Title 25Indians

Last Updated

Apr 6, 2026

Release point: 119-73