Title 25IndiansRelease 119-73

§5139 Tribal rights and privileges in connection with loans

Title 25 › Chapter CHAPTER 45— - PROTECTION OF INDIANS AND CONSERVATION OF RESOURCES › § 5139

Last updated Apr 6, 2026|Official source

Summary

Under sections 5136–5143, a tribe/tribal corporation may waive legal immunity in writing and may mortgage trust/restricted property as loan security if its constitution/charter or a tribal referendum allows it and the Secretary of Interior approves; it must follow Agriculture Secretary rules.

Full Legal Text

Title 25, §5139

Indians — Source: USLM XML via OLRC

A tribe or tribal corporation to which a loan is made or insured pursuant to sections 5136 to 5143 of this title (1) may waive in writing any immunity from suit or liability which it may possess, (2) may mortgage or otherwise hypothecate trust or restricted property if (a) authorized by its constitution or charter or by a tribal referendum, and (b) approved by the Secretary of the Interior, and (3) shall comply with rules and regulations prescribed by the Secretary of Agriculture in connection with such loans.

Legislative History

Notes & Related Subsidiaries

Editorial Notes

Codification Section was formerly classified to section 490 of this title prior to editorial reclassification and renumbering as this section.

Reference

Citations & Metadata

Citation

25 U.S.C. § 5139

Title 25Indians

Last Updated

Apr 6, 2026

Release point: 119-73