Chapter 17. Financing Economic Development of Indians and Indian Organizations

• 1451Congressional declaration of policy
• 1452Definitions
• 1453Assistance or activities of other Federal agencies unaffected

Subchapter I — Indian Revolving Loan Fund

• 1461Administration as single Indian Revolving Loan Fund sums from diverse sources; availability of fund for loans to Indians and for administrative expenses
• 1462Economic development; educational loans; limitation of loans to or investments in non-Indian organizations
• 1463Repayment of loan; financing from other sources
• 1464Maturity of loans; interest rate; interest deferral on educational loans
• 1465Modification of amount of loan and document securing loan in collection of loan or in best interests of the United States
• 1466Land and personal property title
• 1467Security for loan; assignment of securities; reasonable assurance of repayment
• 1468Authorization of appropriations
• 1469Rules and regulations

Subchapter II — Loan Guaranty and Insurance

• 1481Loan guaranties and insurance
• 1482Premium charges; deposits in Indian Loan Guaranty and Insurance Fund
• 1483Interest rate
• 1484Application for loan; approval by Secretary; issuance of certificate; limitations on amount of loans to individual Indians or economic enterprises; review by Secretary
• 1485Sale or assignment of loans and underlying security
• 1486Loans ineligible for guaranty or insurance
• 1487Loans eligible for insurance
• 1488Lenders authorized to make loans; decrease or increase of liability under the guaranty
• 1489Loans made by certain financial institutions without regard to limitations and restrictions of other Federal statutes with respect to certain particulars
• 1490Maturity of loans
• 1491Defaults; written notification; pro rata payments; subrogation and assignment rights of Secretary; cancellation of uncollectable portion of obligations; forbearance for benefit of borrower; interest or charges cessation date
• 1492Claims for losses; submission to Secretary; reimbursement: single and aggregate loss limitations, conditions; assignment of note or judgment; collection or cancellation by Secretary; interest or charges cessation date
• 1493Loan refusal; conditions; prohibition against acquisition of additional loans; payment of claims on loans made in good faith
• 1494Evidence of eligibility of loan for and amount of guaranty or insurance; defenses and partial defenses against original lender
• 1495Land and personal property titles
• 1496Powers of Secretary; finality of financial transactions and property acquisitions, management, and dispositions
• 1497Indian Loan Guaranty and Insurance Fund
• 1497aSupplemental surety bond guarantee
• 1498Rules and regulations
• 1499Limitation on guarantee of debt issues; approval of bond issue sale

Subchapter III — Interest Subsidies and Administrative Expenses

• 1511Interest subsidies; rules and regulations
• 1512Authorization of appropriations for interest payments

Subchapter IV — Indian Business Grants

• 1521Indian Business Development Program; establishment; statement of purpose
• 1522Conditions
• 1523Authorization of appropriations
• 1524Rules and regulations

Subchapter V — Miscellaneous Provisions

• 1541Competent management and technical assistance for economic enterprises
• 1542Agency cooperation; private contracts for management services and technical assistance
• 1543Funds limitation for private contracts
• 1544Additional compensation to contractors of Federal agency
• 1545Livestock loans; cash settlements
• 1546Disposition of cash settlements