Title 25, IndiansRelease 119-102
§1482 Premium Charges; Deposits in Indian Loan Guaranty and Insurance Fund
Title 25 › CHAPTER 17 — FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS › SUBCHAPTER II — LOAN GUARANTY AND INSURANCE › § 1482
Summary
The Secretary must set premiums for insuring or guaranteeing loans. Those charges must be enough to pay the program’s expenses and expected losses. All money collected must go into the Indian Loan Guaranty and Insurance Fund created by the law.
Full Legal Text
Title 25, §1482
Indians, Source: USLM XML via OLRC
The Secretary shall fix such premium charges for the insurance and guarantee of loans as are in his judgment adequate to cover expenses and probable losses, and deposit receipts from such charges in the Indian Loan Guaranty and Insurance Fund established pursuant to section 1497(a) of this title.
Reference
Citations & Metadata
Citation
25 U.S.C. § 1482
Title 25, Indians
Last Updated
Aug 21, 2026
Release point: 119-102