Title 25 — IndiansRelease 119-73not60
§306 Expenditures for Encouragement of Industry and Self-support; Repayment
Title 25 › Chapter 7A— PROMOTION OF SOCIAL AND ECONOMIC WELFARE › § 306
Summary
From May 9, 1938, money to help Indians start businesses or farm must be given so it can be paid back to the United States within five years; loans for permanent improvements on irrigable land may be paid back over up to twenty years with the Secretary of the Interior's approval.
Full Legal Text
Title 25, §306
Indians — Source: USLM XML via OLRC
On and after May 9, 1938, the expenditures for the purpose of encouraging industry and self-support among the Indians and to aid them in the culture of fruits, grains, and other crops shall be under conditions to be prescribed by the Secretary of the Interior for repayment to the United States on or before the expiration of five years, except in the case of loans on irrigable lands for permanent improvement of said lands, in which the period for repayment may run for not exceeding twenty years, in the discretion of the Secretary of the Interior.
Reference
Citations & Metadata
Citation
25 U.S.C. § 306
Title 25 — Indians
Last Updated
Apr 5, 2026
Release point: 119-73not60