Title 25, IndiansRelease 119-102

§1483 Interest Rate

Title 25 › CHAPTER 17 — FINANCING ECONOMIC DEVELOPMENT OF INDIANS AND INDIAN ORGANIZATIONS › SUBCHAPTER II — LOAN GUARANTY AND INSURANCE › § 1483

Last updated Aug 21, 2026|Official source

Summary

Interest on federal‑backed loans must be a yearly percentage of the unpaid balance, not counting insurance premiums or service fees, set by the Secretary based on private market rates and the government's risk.

Full Legal Text

Title 25, §1483

Indians, Source: USLM XML via OLRC

Loans guaranteed or insured pursuant to this subchapter shall bear interest (exclusive of premium charges for insurance, and service charge, if any) at rates not to exceed such per centum per annum on the principal obligation outstanding as the Secretary determines to be reasonable taking into consideration the range of interest rates prevailing in the private market for similar loans and the risks assumed by the United States.

Reference

Citations & Metadata

Citation

25 U.S.C. § 1483

Title 25, Indians

Last Updated

Aug 21, 2026

Release point: 119-102