Title 25 — Indians
Chapter 45 — Protection of Indians and Conservation of Resources
§ 5114. Interest charges covered into revolving fund
Statutory text
Interest or other charges heretofore or hereafter collected on loans shall be credited to the revolving fund created by section 5113 of this title and shall be available for the establishment of a revolving fund for the purpose of making and administering loans to Indian-chartered corporations in accordance with the Act of (48 Stat. 986) [25 U.S.C. 5101 et seq.], and of making and administering loans to individual Indians and to associations or corporate groups of Indians of Oklahoma in accordance with the Act of (49 Stat. 1967).
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 77–259 § 1 · 55 Stat. 303
Enacted · 25 U.S.C. § 5114
(June 28, 1941, ch. 259, § 1, 55 Stat. 316.)
Source evidence
Code source credit
(June 28, 1941, ch. 259, § 1, 55 Stat. 316.)
0 of 1 references resolved to an enrolled provision · 1 partial
Editorial Notes
References in Text
Act of , referred to in text, is act June 18, 1934, ch. 576, 48 Stat. 984, popularly known as the Indian Reorganization Act, which is classified generally to this chapter. For complete classification of this Act to the Code, see Short Title note set out under section 5101 of this title and Tables.
Act of , referred to in text, is act June 26, 1936, ch. 831, 49 Stat. 1967, popularly known as the Oklahoma Welfare Act, which was classified generally to subchapter VIII (§ 501 et seq.) of chapter 14 of this title prior to editorial reclassification as chapter 45A (§ 5201 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 5201 of this title and Tables. Provisions of the Act relating to the revolving fund appear in section 5206 of this title.
Codification
Section was formerly classified to section 470a of this title prior to editorial reclassification and renumbering as this section.
Credits
(June 28, 1941, ch. 259, § 1, 55 Stat. 316.)