Title 25IndiansRelease 119-73not60

§1467 Security for Loan; Assignment of Securities; Reasonable Assurance of Repayment

Title 25 › Chapter 17— FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS › Subchapter I— INDIAN REVOLVING LOAN FUND › § 1467

Last updated Apr 5, 2026|Official source

Summary

Require borrowers to give the U.S. securities they got from loans to members as collateral, unless Secretary finds repayment is assured.

Full Legal Text

Title 25, §1467

Indians — Source: USLM XML via OLRC

Any organization receiving a loan from the revolving loan fund shall be required to assign to the United States as security for the loan all securities acquired in connection with the loans made to its members from such funds unless the Secretary determines that the repayment of the loan to the United States is otherwise reasonably assured.

Reference

Citations & Metadata

Citation

25 U.S.C. § 1467

Title 25Indians

Last Updated

Apr 5, 2026

Release point: 119-73not60